SPY, UYM: Big ETF Inflows
Energy Stock Channel - Wednesday, August 27, 11:58 AM
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the SPDR S&P 500 ETF (SPY), which added 16,600,000 units, or a 2.0% increase week over week. Among the largest underlying components of SPY, in morning trading today Apple (AAPL) is off about 0.1%, and Exxon Mobil (XOM) is higher by about 0.1%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the Proshares Ultra Basic Materials (UYM), which added 750,000 units, for a 37.0% increase in outstanding units. Among the largest underlying components of UYM, in morning trading today Air Products & Chemicals (APD) is off about 0.7%, and Airgas (ARG) is lower by about 0.5%.