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SSO, FPE: Big ETF Inflows
Friday, March 8, 12:41 PM ET

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest inflow was seen in the Proshares Ultra S&P500 (AMEX:SSO), which added 10,725,000 shares, or a 55.0% increase week over week. Among the largest underlying components of SSO, in morning trading today 3M Company (NYSE:MMM) is up about 0.6%, and Abbott Labs (NYSE:ABT) is up by about 0.1%.

And on a percentage change basis, the ETF with the largest increase in inflows was the First Trust Preferred Securities and Income ETF (AMEX:FPE), which added 550,000 shares, for a whopping 180.3% increase in outstanding shares. Among the largest underlying components of FPE, in morning trading today Citigroup Incorporated (NYSE:C) is up about 1.9%.

For MarketNewsVideo.com, I'm Tracey Fitzpatrick.

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