Significant ETF Inflows Highlight Market Trends This Week
In analyzing the universe of ETFs at ETF Channel, data reveals a noteworthy trend in unit outstanding compared to one week ago. The Direxion Daily TSLA Bull 1.5X Shares experienced the greatest inflow, adding 53,700,000 units. This represents a substantial increase of 20.5% week over week.
On a percentage basis, the ETF with the most significant rise in inflows was the Parnassus Core Select ETF, which added 200,000 units. This gain equates to a remarkable 40.0% increase in outstanding units. Among the largest holdings of PRCS, Microsoft saw an uptick of about 0.9%, while AMAZON.COM increased by approximately 1% during morning trading today.
VIDEO: TSLL, PRCS: Big ETF Inflows
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