UCO, MRGR: Big ETF Inflows

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Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the ProShares Ultra Bloomberg Crude Oil, which added 7,350,000 units, or a 12.8% increase week over week.

And on a percentage change basis, the ETF with the biggest increase in inflows was the ProShares Merger ETF, which added 25,000 units, for a 33.3% increase in outstanding units. Among the largest underlying components of MRGR, in morning trading today Private Bancorp is off about 0.4%, and Reynolds American is lower by about 0.6%.

UCO, MRGR: Big ETF Inflows VIDEO: UCO, MRGR: 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
Referenced Symbols: UCO , MRGR ,

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