SQQQ, URTY: 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 ProShares UltraPro Short QQQ, which added 18,750,000 units, or a 9.8% increase week over week.
And on a percentage change basis, the ETF with the biggest increase in inflows was the ProShares UltraPro Russell2000, which added 2,350,000 units, for a 37.6% increase in outstanding units. Among the largest underlying components of URTY, in morning trading today Super Micro Computer is down about 1.1%, and Championx is higher by about 2.5%.
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