FVD, PUI: Big ETF Inflows Wednesday, November 28, 10:50 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 Value Line Dividend Index Fund, which added 6,500,000 units, or a 4.5% increase week over week. Among the largest underlying components of FVD, in morning trading today Intelsat is up about 3.6%, and Mercury General is higher by about 1.4%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the Invesco DWA Utilities Momentum ETF, which added 350,000 units, for a 20.6% increase in outstanding units. Among the largest underlying components of PUI, in morning trading today Xcel Energy is down about 0.3%, and American Water Works is higher by about 0.2%.
For MarketNewsVideo.com, I'm Sayoko Murase
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