XLF, PSL: 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 Financial Select Sector SPDR Fund ( XLF ), which added 14,050,000 units, or a 1.8% increase week over week. Among the largest underlying components of XLF, in morning trading today Wells Fargo & Company ( WFC ) is down about 0.6%, and JP Morgan Chase & Company ( JPM ) is lower by about 1.1%.

And on a percentage change basis, the ETF with the biggest increase in inflows was the DWA Consumer Staples Momentum Portfolio ( PSL ), which added 250,000 units, for a 29.4% increase in outstanding units. Among the largest underlying components of PSL, in morning trading today Church & Dwight ( CHD ) is down about 0.1%, and Whole Foods Market (WFM) is lower by about 0.8%.

XLF, PSL: Big ETF Inflows VIDEO: XLF, PSL: 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: XLF , WFC , JPM , PSL , CHD

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