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 iShares Dow Jones Select Dividend Index Fund (NASDAQ:DVY), which added 5,700,000 shares, or a 3.1% increase week over week.
And on a percentage change basis, the ETF with the largest increase in inflows was the Bank and Brokerage ETF (RKH), which added 200,000 shares, for a whopping 41.6% increase in outstanding shares. Among the largest underlying components of RKH, in morning trading today Wells Fargo & Company (NYSE:WFC) is up about 0.4%, and Hsbc Holdings Plc (HBC) is higher by about 0.8%.
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