Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Nasdaq Biotechnology ETF (IBB) where we have detected an approximate $48.3 million dollar outflow -- that's a 1.3% decrease week over week (from 18,750,000 to 18,500,000). Among the largest underlying components of IBB, in trading today Celgene Corp. (CELG) is off about 2.6%, Amgen Inc (AMGN) is down about 0.8%, and Biogen Idec Inc (BIIB) is lower by about 2.1%. For a complete list of holdings, visit the IBB Holdings page »
IBB, CELG, AMGN, BIIB: Large Outflows Detected At ETF
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