VOO, QQQE: Big ETF Inflows
ETF Channel Staff - Monday, March 4, 12:10 PMLooking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest inflow was seen in the Vanguard S&P 500 ETF (VOO), which added 7,562,792 shares, or a 6.6% increase week over week. Among the largest underlying components of VOO, in morning trading today Apple Incorporated (AAPL) is down about 1.3%, and Exxon Mobil Corporation (XOM) is lower by about 0.8%.
And on a percentage change basis, the ETF with the largest increase in inflows was the Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE), which added 50,000 shares, for a whopping 100.0% increase in outstanding shares. Among the largest underlying components of QQQE, in morning trading today Activision Blizzard Incorporated (ATVI) is down about 0.2%, and Adobe Systems Incorporated (ADBE) is relatively unchanged.