Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Financial Select Sector SPDR Fund (NYSE:XLF), which added 8,650,000 units, or a 1.1% increase week over week. Among the largest underlying components of XLF, in morning trading today Wells Fargo & Company (NYSE:WFC) is down about 2.5%, and Berkshire Hathaway Class B (NYSE:BRK.B) is lower by about 2%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the First Trust Low Beta Income ETF (FTLB), which added 99,998 units, for a 40.0% increase in outstanding units. Among the largest underlying components of FTLB, in morning trading today Apple (NASDAQ:AAPL) is off about 1.9%, and Intel (NASDAQ:INTC) is lower by about 2%.
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.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?
⤹
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.