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 Gold Miners ETF (AMEX:GDX), which added 38.5 million shares, or a 16.1% increase week over week. Among the largest underlying components of GDX, in morning trading today Goldcorp (NYSE:GG) is down about 2.3%, and Barrick Gold (NYSE:ABX) is lower by about 2.8%.
And on a percentage change basis, the ETF with the largest increase in inflows was the Daily China Bear 3x Shares (AMEX:YANG), which added 100,000 shares, for a whopping 31.3% increase in outstanding shares.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.