XLF, EUDV: Big ETF Inflows Thursday, June 2, 10:49 AM ET
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 (XLF), which added 12,050,000 units, or a 1.7% increase week over week. Among the largest underlying components of XLF, in morning trading today Berkshire Hathaway Class B (BRK.B) is off about 0.6%, and JP Morgan Chase & Company (JPM) is lower by about 0.7%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the ProShares MSCI Europe Dividend Growers ETF (EUDV), which added 50,000 units, for a 40.0% increase in outstanding units. Among the largest underlying components of EUDV, in morning trading today Rogers Corporation (ROG) is down about 1.1%, and Prudential Financial (PRU) is lower by about 0.5%.
For MarketNewsVideo.com, I'm Sayoko Murase.
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