IVV, IPKW: Big ETF Inflows
updated Thursday, April 10, 1:34 PMComparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares Core S&P 500 ETF (IVV), which added 4,000,000 units, or a 1.4% increase week over week. Among the largest underlying components of IVV, in morning trading today Apple (AAPL) is up about 0.3%, and Exxon Mobil (XOM) is up by about 0.3%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the PowerShares International BuyBack Achievers Portfolio (IPKW), which added 150,000 units, for a 33.3% increase in outstanding units. Among the largest underlying components of IPKW, in morning trading today General American Investors (GAM) is trading flat, and Helios Advantage Income Fund (HAV) is higher by about 0.7%.
For MarketNewsVideo.com, I'm Kristin Bianco.