XLU, DRV: Big ETF Inflows
updated Tuesday, July 7, 10:46 AMComparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Utilities Select Sector SPDR Fund (XLU), which added 7,750,000 units, or a 6.0% increase week over week. Among the largest underlying components of XLU, in morning trading today Duke Energy (DUK) is up about 1.9%, and Nextera Energy (NEE) is up by about 1.2%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the Daily Real Estate Bear 3x Shares (DRV), which added 150,000 units, for a 32.7% increase in outstanding units.
For MarketNewsVideo.com, I'm Sayoko Murase.