QQQ, RDVY: Big ETF Outflows

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the PowerShares QQQ (QQQ), where 11,400,000 units were destroyed, or a 3.0% decrease week over week.  Among the largest underlying components of QQQ, in morning trading today Apple (AAPL) is up about 0.2%, and Microsoft Corporation (MSFT) is lower by about 0.6%.