Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR S&P Biotech ETF (AMEX: XBI) where we have detected an approximate $23.9 million dollar outflow — that’s a 3.2% decrease week over week (from 7,700,000 to 7,450,000). Among the largest underlying components of XBI, in trading today Isis Pharmaceuticals, Inc. (NASD: ISIS) is off about 2.7%, Pharmacyclics, Inc. (NASD: PCYC) is up about 0.1%, and Incyte Corporation (NASD: INCY) is higher by about 1.1%. For a complete list of holdings, visit the XBI Holdings page ยป …read more
Source: FULL ARTICLE at Forbes Markets