FXN, FXZ: Big ETF Inflows Wednesday, July 6, 10:47 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 First Trust Energy AlphaDEX Fund (FXN), which added 24,650,000 units, or a 24.2% increase week over week. Among the largest underlying components of FXN, in morning trading today SM Energy Company (SM) is off about 1.2%, and Antero Resources (AR) is lower by about 1.5%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the First Trust Materials AlphaDEX Fund (FXZ), which added 1,450,000 units, for a 23.0% increase in outstanding units. Among the largest underlying components of FXZ, in morning trading today Tahoe Resources (TAHO) is up about 2.1%, and Steel Dynamics (STLD) is higher by about 0.8%.
For MarketNewsVideo.com, I'm Sayoko Murase.
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