HEDJ, PSAU: Big ETF Inflows
ETF Channel Staff - Friday, January 30, 10:51 AMComparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the WisdomTree Europe Hedged Equity Fund (HEDJ), which added 30,550,000 units, or a 26.2% increase week over week.
And on a percentage change basis, the ETF with the biggest increase in inflows was the PowerShares Global Gold and Precious Metals Portfolio (PSAU), which added 400,000 units, for a 33.3% increase in outstanding units. Among the largest underlying components of PSAU, in morning trading today Genpact Ltd (G) is down about 1.4%, and Newmont Mining Corporation (NEM) is higher by about 1.6%.