IWD, UWM: Big ETF Inflows
updated Thursday, June 26, 4:22 PMComparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares Russell 1000 Value ETF (IWD), which added 16,300,000 units, or a 7.1% increase week over week. Among the largest underlying components of IWD, in morning trading today Exxon Mobil (XOM) is off about 0.8%, and General Electric (GE) is lower by about 0.5%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the Proshares Ultra Russell2000 (UWM), which added 2,325,000 units, for a 34.1% increase in outstanding units. Among the largest underlying components of UWM, in morning trading today 1-800-Flowers.com (FLWS) is trading flat, and 1st United Bancorp FL (FUBC) is lower by about 0.5%.
For MarketNewsVideo.com, I'm Sayoko Murase.