IWD, UWM: Big ETF Inflows

Comment

Shutterstock photo

Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares Russell 1000 Value ETF ( IWD ), which added 16,300,000 units, or a 7.1% increase week over week. Among the largest underlying components of IWD, in morning trading today Exxon Mobil ( XOM ) is off about 0.8%, and General Electric ( GE ) is lower by about 0.5%.

And on a percentage change basis, the ETF with the biggest increase in inflows was the Proshares Ultra Russell2000 ( UWM ), which added 2,325,000 units, for a 34.1% increase in outstanding units. Among the largest underlying components of UWM, in morning trading today 1-800-Flowers.com ( FLWS ) is trading flat, and 1st United Bancorp FL (FUBC) is lower by about 0.5%.

IWD, UWM: Big ETF Inflows VIDEO: IWD, UWM: Big ETF Inflows

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing , Investing Ideas
More Headlines for: IWD , XOM , GE , UWM , FLWS


More from BNK Invest

Subscribe






BNK Invest
Contributor:

BNK Invest

Market News, Investing
Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com