XLY, FAAR: 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 Consumer Discretionary Select Sector SPDR Fund (XLY), which added 4,400,000 units, or a 3.9% increase week over week. Among the largest underlying components of XLY, in morning trading today Amazon.com (AMZN) is up about 0.4%, and Home Depot (HD) is lower by about 0.9%.

And on a percentage change basis, the ETF with the biggest increase in inflows was the First Trust Alternative Absolute Return Strategy ETF (FAAR), which added 450,000 units, for a 39.1% increase in outstanding units. Among the largest underlying components of FAAR, in morning trading today Intelsat (I) is up about 0.7%, and Proshares Ultra Semiconductors (USD) is lower by about 7%.


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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