GDX

GDX, LABU: Big ETF Inflows

Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Gold Miners ETF ( GDX ), which added 31,850,000 units, or a 8.5% increase week over week. Among the largest underlying components of GDX, in morning trading today Newmont Mining ( NEM ) is off about 1%, and Franco-Nevada ( FNV ) is lower by about 1%.

And on a percentage change basis, the ETF with the biggest increase in inflows was the Daily S&P Biotech Bull 3X Shares ( LABU ), which added 1,350,000 units, for a 39.0% increase in outstanding units.

VIDEO: GDX, LABU: 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.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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