KBWB, BIS: Big ETF Outflows
Posted on January 03, 2013 at 12:42 PM EST
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 4,700,000 shares, or a 61.0% decrease week over week. Among the largest underlying components of KBWB, in morning trading today Citigroup Incorporated (C) is off about 0.1%, and JP Morgan Chase & Company (JPM) is lower by about 0.9%.