GDX, QINC: Big ETF Inflows Tuesday, September 27, 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 Gold Miners ETF (GDX), which added 14,950,000 units, or a 3.7% increase week over week. Among the largest underlying components of GDX, in morning trading today Newmont Mining (NEM) is down about 1.6%, and Barrick Gold (ABX) is lower by about 1.2%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the First Trust RBA Quality Income ETF (QINC), which added 200,000 units, for a 25.0% increase in outstanding units. Among the largest underlying components of QINC, in morning trading today Garmin (GRMN) is up about 0.8%, and Federated Investors (FII) is up by about 0.2%.
For MarketNewsVideo.com, I'm Sayoko Murase.
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