PDBC, FNGG: 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 Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF, which added 14,700,000 units, or a 3.9% increase week over week.
And on a percentage change basis, the ETF with the biggest increase in inflows was the Daily Select Large Caps & FANGs Bull 2X Shares, which added 200,000 units, for a 40.0% increase in outstanding units. Among the largest underlying components of FNGG, in morning trading today Advanced Micro Devices is off about 1.6%, and Alphabet is lower by about 0.5%.
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