ETF Snapshot: Financial Select Sector SPDR Fund Sees Major Inflows
Week-Over-Week Growth Highlights Strong Market Attitude
Comparing units outstanding over the past week within the ETF coverage universe at ETF Channel, the standout performer was The Financial Select Sector SPDR Fund (XLF). This fund gained 27,400,000 units, marking a 2.8% rise from the previous week. In today’s early trading, notable components of XLF, including Berkshire Hathaway, experienced a slight decline of about 0.2%, while JP Morgan Chase fell by approximately 1%.
The ETF experiencing the highest percentage increase in inflows was the QHDG ETF, which added 100,000 units. This surge accounts for a remarkable 40.0% jump in outstanding units, indicating notable investor interest.
VIDEO: XLF, QHDG: Big ETF Inflows
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