ETF Inflows Surge: Highlights from the Week
Financial Sector Dominates with Significant Growth
According to data from ETF Channel, the largest rise in units for ETFs this week occurred in The Financial Select Sector SPDR Fund. The fund saw an impressive gain of 29,600,000 units, representing a 2.9% increase compared to last week. Notably, during the morning trading session, major holdings within XLF such as Berkshire Hathaway rose by approximately 1%, while JP Morgan Chase climbed about 0.8%.
Gold Miners ETF Reports Massive Percentage Increase
In terms of percentage growth, the Direxion Daily Gold Miners Index Bear 2X Shares was the standout performer. It experienced a substantial addition of 600,000 units, marking a remarkable 38.9% increase in outstanding units—an impressive feat for the fund.
VIDEO: XLF, DUST: Big ETF Inflows
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