UCO, EQAL: Big ETF Inflows
ETF Channel Staff - Monday, March 2, 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 ProShares Ultra Bloomberg Crude Oil (UCO), which added 18,200,000 units, or a 19.5% increase week over week.
And on a percentage change basis, the ETF with the biggest increase in inflows was the PowerShares Russell 1000 Equal Weight Portfolio (EQAL), which added 1,650,000 units, for a 36.3% increase in outstanding units. Among the largest underlying components of EQAL, in morning trading today Sunpower Corporation (SPWR) is up about 0.2%, and First Solar (FSLR) is higher by about 1.1%.