VGK, MMTM: Big ETF Inflows Thursday, June 8, 10:46 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 Vanguard FTSE Europe ETF (VGK), which added 10,200,000 units, or a 3.9% increase week over week. Among the largest underlying components of VGK, in morning trading today Nestle (NSRGY) is off about 2.1%, and Novartis (NVS) is lower by about 0.1%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the SPDR S&P 1500 Momentum Tilt ETF (MMTM), which added 50,000 units, for a 33.3% increase in outstanding units. Among the largest underlying components of MMTM, in morning trading today Apple (AAPL) is down about 0.5%, and Microsoft (MSFT) is lower by about 0.5%.
For MarketNewsVideo.com, I'm Sayoko Murase.
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