IAU, UGE: Big ETF Inflows
ETF Channel Staff - Tuesday, August 29, 10:47 AM
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares Gold Trust, which added 12,200,000 units, or a 1.7% increase week over week.
And on a percentage change basis, the ETF with the biggest increase in inflows was the ProShares Ultra Consumer Goods, which added 100,000 units, for a 30.8% increase in outstanding units. Among the largest underlying components of UGE, in morning trading today Procter & Gamble is down about 0.1%, and Philip Morris International is up by about 0.5%.
For MarketNewsVideo.com, I'm Sayoko Murase