Markets

NUGT, GASL: 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 Daily Gold Miners Bull 3x Shares ( NUGT ), which added 12,700,000 units, or a 31.5% increase week over week. Among the largest underlying components of NUGT, in morning trading today Market Vectors Gold Miners ETF ( GDX ) is down about 3%.

And on a percentage change basis, the ETF with the biggest increase in inflows was the Daily Natural Gas Related Bull 3x Shares ( GASL ), which added 1,050,000 units, for a 33.3% increase in outstanding units. Among the largest underlying components of GASL, in morning trading today Anadarko Petroleum Corporation ( APC ) is off about 1.1%, and Apache Corporation ( APA ) is lower by about 1.1%.

VIDEO: NUGT, GASL: 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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