A Closer Look at ETF Inflows
Comparing units outstanding versus the prior week in the ETF universe, a notable surge was observed in the iShares S&P 500 Growth ETF. This ETF added a substantial 50,200,000 units, marking a remarkable 10.9% increase week over week. When we delve into the primary components of IVW, it’s worth noting that in today’s early trading session, Microsoft displayed a modest gain of approximately 0.5%, while Apple showed a more robust increase of about 0.7%.
Furthermore, focusing on the percentage change metric, the ETF that experienced the most significant rise in inflows was the Direxion Daily FTSE China Bear 3X Shares. This ETF welcomed an impressive 4,550,000 units, translating to a substantial 40.0% uptick in outstanding units.
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VIDEO: IVW, YANG: Big ETF Inflows
The perspectives shared in this piece are the author’s own and may not necessarily align with those of Nasdaq, Inc.
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