XLU, FCAN: Big ETF Inflows
updated Tuesday, July 10, 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 5,700,000 units, or a 3.8% increase week over week. Among the largest underlying components of XLU, in morning trading today Nextera Energy (NEE) is up about 0.4%, and Duke Energy Corporation (DUK) is higher by about 0.2%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the First Trust Canada AlphaDEX Fund (FCAN), which added 150,000 units, for a 33.3% increase in outstanding units. Among the largest underlying components of FCAN, in morning trading today Intelsat (I) is trading flat.
For MarketNewsVideo.com, I'm Sayoko Murase.