KBWB, LGEM: 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 KBW Bank Portfolio (KBWB), which shed 4,850,000 shares, or a 75.8% decrease week over week. Among the largest underlying components of KBWB, in morning trading today JP Morgan Chase & Company (JPM) is up about 0.3%, and Citigroup Incorporated (C) is up by about 0.3%.
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