QQQ, SVXY: Big ETF Inflows
ETF Channel Staff - Wednesday, October 22, 1:13 PMComparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the PowerShares QQQ (QQQ), which added 76,450,000 units, or a 19.4% increase week over week. Among the largest underlying components of QQQ, in morning trading today Apple (AAPL) is up about 0.7%, and Microsoft (MSFT) is lower by about 0.2%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the Proshares Short VIX Short-Term Futures ETF (SVXY), which added 2,350,000 units, for a 36.7% increase in outstanding units.