SPY, USMF: Big ETF Inflows Thursday, March 7, 10:45 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 SPDR S&P 500 ETF (SPY), which added 10,250,000 units, or a 1.1% increase week over week. Among the largest underlying components of SPY, in morning trading today Microsoft Corporation (MSFT) is off about 1.3%, and Apple (AAPL) is lower by about 1%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the WisdomTree U.S. Multifactor Fund (USMF), which added 900,000 units, for a 38.3% increase in outstanding units. Among the largest underlying components of USMF, in morning trading today Republic Services (RSG) is off about 0.3%, and Booz Allen Hamilton Holding Corporation (BAH) is lower by about 0.7%.
For MarketNewsVideo.com, I'm Sayoko Murase.
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