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Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the First Trust Europe AlphaDEX Fund (FEP), where 6,449,998 units were destroyed, or a 37.7% decrease week over week. Among the largest underlying components of FEP, in morning trading today King Digital Entertainment (KING) is up about 0.1%, and NXP Semiconductors (NXPI) is up by about 0.7%.
And on a percentage change basis, the ETF with the biggest outflow was the Daily Small Cap Bull 2x Shares (SMLL), which lost 33,334 of its units, representing a 33.3% decline in outstanding units compared to the week prior.
