SPDR Portfolio Leads ETF Inflows with Major Unit Gains
In the last week, the ETF universe tracked by ETF Channel witnessed significant changes in unit collections. The SPDR Portfolio S&P 500 ETF (SPLG) topped the list, adding 26,500,000 units, reflecting a 3.1% increase from the previous week. During morning trading today, two key components of SPLG showed mixed performance: Apple decreased by approximately 1.4%, while Nvidia fell around 1.2%.
Draco Evolution AI ETF Sees Significant Growth
On a percentage basis, the standout was the Draco Evolution AI ETF (DRAI), boasting an impressive increase of 220,000 units, or a 40.0% surge in outstanding units. This dramatic rise reflects growing interest in AI-focused investments. In the same morning trading session, two major components of DRAI also demonstrated varied market behavior: the Wisdomtree Bloomberg U.S. Dollar Bullish Fund slipped by 0.1%, while the Ishares Gold Trust Shares climbed by 0.8%.
VIDEO: SPLG, DRAI: Big ETF Inflows
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