Markets

SPY, DRIP: Big ETF Inflows

Shutterstock photo
Shutterstock photo

Shutterstock photo

Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the SPDR S&P 500 ETF ( SPY ), which added 35,050,000 units, or a 3.7% increase week over week. Among the largest underlying components of SPY, in morning trading today Apple ( AAPL ) is up about 1.6%, and Microsoft ( MSFT ) is higher by about 1.6%.

And on a percentage change basis, the ETF with the biggest increase in inflows was the Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares ( DRIP ), which added 1,100,000 units, for a 38.9% increase in outstanding units.

VIDEO: SPY, DRIP: 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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