OIH, RETL: Big ETF Inflows Wednesday, September 12, 12:40 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 Oil Services ETF (OIH), which added 8,000,000 shares, or a 33.7% increase week over week. Among the largest underlying components of OIH, in morning trading today Schlumberger Ltd (SLB) is up about 0.8%, and National Oilwell Varco Incorporated (NOV) is up by about 1.8%.
And on a percentage change basis, the ETF with the largest increase in inflows was the Daily Retail Bull 3x Shares (RETL), which added 50,000 shares, for a whopping 100.0% increase in outstanding shares. Among the largest underlying components of RETL, in morning trading today Aarons Incorporated (AAN) is off about 2%, and Abercrombie & Fitch Company (ANF) is lower by about 0.7%.
For MarketNewsVideo.com, I'm Sayoko Murase.
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