OIH, OILD: 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 Oil Services ETF ( OIH ), which added 10,250,000 units, or a 21.2% increase week over week. Among the largest underlying components of OIH, in morning trading today Schlumberger ( SLB ) is up about 0.4%, and Halliburton Company ( HAL ) is lower by about 0.6%.

And on a percentage change basis, the ETF with the biggest increase in inflows was the ProShares UltraPro 3x Short Crude Oil ETF ( OILD ), which added 350,000 units, for a 35.0% increase in outstanding units.

OIH, OILD: Big ETF Inflows VIDEO: OIH, OILD: 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
Referenced Symbols: OIH , SLB , HAL , OILD

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