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UWM, TECS: Big ETF Inflows

By: BNK Invest
Posted: 3/13/2014 1:10:00 PM
Referenced Stocks: UWM;FLWS;FUBC;TECS

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