Financial ETFs See Notable Inflows This Week
Growth in Units Highlights Key Market Trends
In the latest comparison of outstanding units at ETF Channel, one fund stood out: The Financial Select Sector SPDR Fund (XLF). It experienced a substantial inflow of 13,400,000 units, representing a 1.4% increase from the previous week. Today, notable movements among XLF’s major holdings include a 1% gain for Berkshire Hathaway while JP Morgan Chase saw a slight decline of 0.5% in morning trading.
On a percentage basis, the standout performer was the EGGY ETF, which saw an impressive addition of 50,000 units. This growth translates to a remarkable 40.0% increase in its outstanding units.
VIDEO: XLF, EGGY: Big ETF Inflows
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