XLC, FINZ: Big ETF Inflows Tuesday, March 5, 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 Communication Services Select Sector SPDR Fund (XLC), which added 6,700,000 units, or a 7.6% increase week over week. Among the largest underlying components of XLC, in morning trading today Facebook (FB) is up about 1%, and Alphabet (GOOG) is up by about 0.8%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the ProShares UltraPro Short Financial Select Sector (FINZ), which added 50,000 units, for a 34.8% increase in outstanding units.
For MarketNewsVideo.com, I'm Sayoko Murase.
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