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 Utilities Select Sector SPDR Fund (NYSE:XLU), which added 10.2 million shares, or a 7.6% increase week over week. Among the largest underlying components of XLU, in morning trading today Duke Energy (NYSE:DUK) is up about 0.2%, and Dominion Resources (NYSE:D) is lower by about 0.3%.
And on a percentage change basis, the ETF with the largest increase in inflows was the Proshares Ultra Basic Materials ETF (NYSE:UYM), which added 750,000 shares, for a whopping 28.6% increase in outstanding shares. Among the largest underlying components of UYM, in morning trading today Air Products & Chemicals (NYSE:APD) is off about 0.5%, and Airgas (ARG) is higher by about 0.1%.
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.