SPYG, REMX: Big ETF Inflows
ETF Channel Staff - Tuesday, June 4, 11:07 AMComparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the SPDR Portfolio S&P 500 Growth ETF (SPYG), which added 5,100,000 units, or a 3.9% increase week over week. Among the largest underlying components of SPYG, in morning trading today Microsoft Corporation (MSFT) is up about 1.8%, and Amazon.com (AMZN) is up by about 1%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the Rare Earth/Strategic Metals ETF (REMX), which added 4,300,000 units, for a 31.7% increase in outstanding units. Among the largest underlying components of REMX, in morning trading today Tronox Holdings (TROX) is up about 4%, and Largo Resources (LGO.CA) is lower by about 4.9%.