OIH, PMR: Big ETF Inflows
Energy Stock Channel - Monday, August 29, 10:56 AM
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Oil Services ETF, which added 1,950,000 units, or a 6.7% increase week over week. Among the largest underlying components of OIH, in morning trading today Schlumberger is up about 0.3%, and Halliburton is up by about 0.7%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the PowerShares Dynamic Retail Portfolio, which added 150,000 units, for a 33.3% increase in outstanding units. Among the largest underlying components of PMR, in morning trading today Ulta Salon Cosmetics & Fragrance is up about 0.2%, and Oreilly Automotive Incorporated is up by about 0.9%.