XLF, SOCL: Big ETF Inflows Friday, August 19, 10:48 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 8,100,000 units, or a 1.2% increase week over week. Among the largest underlying components of XLF, in morning trading today Berkshire Hathaway Class B (BRK.B) is down about 0.1%, and JP Morgan Chase & Company (JPM) is lower by about 0.5%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the Social Media Index ETF (SOCL), which added 1,000,000 units, for a 32.8% increase in outstanding units. Among the largest underlying components of SOCL, in morning trading today Alphabet (GOOGL) is off about 0.3%, and Angie's List (ANGI) is up by about 8.8%.
For MarketNewsVideo.com, I'm Sayoko Murase.
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