SPY, MMTM: Big ETF Inflows
ETF Channel Staff - Monday, September 22, 1:50 PMComparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the SPDR S&P 500 ETF (SPY), which added 31,350,000 units, or a 3.6% increase week over week. Among the largest underlying components of SPY, in morning trading today Apple (AAPL) is up about 0.1%, and Exxon Mobil (XOM) is lower by about 0.8%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the SPDR S&P 1500 Momentum Tilt ETF (MMTM), which added 50,000 units, for a 33.3% increase in outstanding units. Among the largest underlying components of MMTM, in morning trading today Apple (AAPL) is up about 0.1%, and Microsoft (MSFT) is lower by about 0.8%.