IVV, ARGT: Big ETF Inflows
updated Monday, July 21, 12:22 PMComparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares Core S&P 500 ETF (IVV), which added 6,850,000 units, or a 2.4% increase week over week. Among the largest underlying components of IVV, in morning trading today Apple (AAPL) is off about 0.1%, and Exxon Mobil (XOM) is lower by about 0.2%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the FTSE Argentina 20 ETF (ARGT), which added 200,000 units, for a 38.1% increase in outstanding units. Among the largest underlying components of ARGT, in morning trading today BBVA Banco Frances (BFR) is off about 2%, and Cresud Sacip (CRESY) is lower by about 1.8%.
For MarketNewsVideo.com, I'm Tracey Fitzpatrick.