SQQQ, XRT: Big ETF Inflows Friday, July 24, 11:41 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 12,650,000 units, or a 6.3% increase week over week.
And on a percentage change basis, the ETF with the biggest increase in inflows was the SPDR S&P Retail ETF (XRT), which added 2,300,000 units, for a 38.0% increase in outstanding units. Among the largest underlying components of XRT, in morning trading today Overstock.com (OSTK) is off about 2.3%, and Camping World Holdings (CWH) is up by about 2.4%.
For MarketNewsVideo.com, I'm Sayoko Murase.
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