XLE, QLTA: Big ETF Inflows
updated Friday, May 13, 10:47 AM
« Backupdated Friday, May 13, 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 Energy Select Sector SPDR Fund (XLE), which added 3,550,000 units, or a 1.7% increase week over week. Among the largest underlying components of XLE, in morning trading today Exxon Mobil (XOM) is off about 0.6%, and Chevron (CVX) is lower by about 1%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the iShares Aaa - A Rated Corporate Bond ETF (QLTA), which added 500,000 units, for a 34.5% increase in outstanding units.
For MarketNewsVideo.com, I'm Sayoko Murase.
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