OEF, SZK: 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 iShares S&P 100 Index Fund (OEF), which shed 10,200,000 shares, or a 13.5% decrease week over week. And on a percentage change basis, the ETF with the largest outflow was the Proshares UltraShort Consumer Goods (SZK), which lost 112,500 of its shares, for a whopping 75.0% decline in outstanding shares.