PEY, KBWY: Big ETF Inflows
updated Tuesday, December 22, 10:47 AM
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the PowerShares High Yield Equity Dividend Achievers Portfolio (PEY), which added 4,950,000 units, or a 11.1% increase week over week. Among the largest underlying components of PEY, in morning trading today PPL is down about 0.5%, and Southern (SO) is lower by about 0.2%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the PowerShares KBW Premium Yield Equity REIT Portfolio (KBWY), which added 1,150,000 units, for a 32.9% increase in outstanding units.
For MarketNewsVideo.com, I'm Sayoko Murase