FXO, DXKW: Big ETF Inflows
ETF Channel Staff - Wednesday, December 17, 1:55 PMComparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the First Trust Financials AlphaDEX Fund (FXO), which added 9,350,000 units, or a 21.8% increase week over week. Among the largest underlying components of FXO, in morning trading today Mercury General (MCY) is down about 1.4%, and Synchrony Financial (SYF) is up by about 0.9%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the WisdomTree Korea Hedged Equity Fund (DXKW), which added 150,000 units, for a 37.5% increase in outstanding units.