PBW, RALS: Big ETF Outflows

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the PowerShares WilderHill Clean Energy Portfolio (PBW), where 1,750,000 units were destroyed, or a 5.2% decrease week over week. Among the largest underlying components of PBW, in morning trading today Maxwell Tech (MXWL) is off about 3.5%, and Sunpower (SPWR) is lower by about 2.9%.