SQQQ, FTXH: Big ETF Inflows Friday, November 2, 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 ProShares UltraPro Short QQQ (SQQQ), which added 10,200,000 units, or a 23.5% increase week over week.
And on a percentage change basis, the ETF with the biggest increase in inflows was the First Trust Nasdaq Pharmaceuticals ETF (FTXH), which added 50,000 units, for a 33.3% increase in outstanding units. Among the largest underlying components of FTXH, in morning trading today Intelsat (I) is off about 0.9%, and Pfizer (PFE) is lower by about 1.2%.
For MarketNewsVideo.com, I'm Sayoko Murase.
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