MVV, GASX: Big ETF Outflows

Turning today to week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest outflow was seen in the Proshares Ultra MidCap400 (MVV), which shed 8,250,000 shares, or a 73.8% decrease week over week. Among the largest underlying components of MVV, in morning trading today Aarons Incorporated (AAN) is up about 1.3%, and Aci Worldwide Incorporated (ACIW) is higher by about 0.6%.