UWM, TECS: Big ETF Inflows

By ETFChannel.com,

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 Proshares Ultra Russell2000 ( UWM ), which added 5,775,000 units, or a 38.3% increase week over week. Among the largest underlying components of UWM, in morning trading today 1-800-Flowers.com ( FLWS ) is down about 0.4%, and 1st United Bancorp ( FUBC ) is lower by about 0.3%.

And on a percentage change basis, the ETF with the biggest increase in inflows was the Daily Technology Bear 3X Shares ( TECS ), which added 300,000 units, for a 36.5% increase in outstanding units.

UWM, TECS: Big ETF Inflows VIDEO: UWM, TECS: 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 Stocks: UWM , FLWS , FUBC , TECS

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