OIH, SCO: Big ETF Inflows Monday, November 11, 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 Oil Services ETF, which added 3,750,000 units, or a 6.8% increase week over week. Among the largest underlying components of OIH, in morning trading today Schlumberger is off about 1%, and Halliburton is lower by about 0.3%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the ProShares ProShares UltraShort Bloomberg Crude Oil, which added 1,600,000 units, for a 35.6% increase in outstanding units.
For MarketNewsVideo.com, I'm Sayoko Murase
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