XLI, QINC: Big ETF Inflows Monday, July 23, 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 Industrial Select Sector SPDR Fund (XLI), which added 5,000,000 units, or a 3.0% increase week over week. Among the largest underlying components of XLI, in morning trading today Boeing Company (BA) is off about 0.4%, and 3M Company (MMM) is lower by about 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 450,000 units, for a 39.1% increase in outstanding units. Among the largest underlying components of QINC, in morning trading today Intelsat (I) is off about 2%, and Paychex (PAYX) is higher by about 0.3%.
For MarketNewsVideo.com, I'm Sayoko Murase.
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