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 Short S&P500 (SH), which shed 1,275,000 shares, or a 2.5% decrease week over week. And on a percentage change basis, the ETF with the largest outflow was the Fundamental Investment Grade Corporate Bond Portfolio (PFIG), which lost 200,000 of its shares, for a whopping 23.5% decline in outstanding shares.