XLF, KOLD: Big ETF Inflows
ETF Channel Staff - Friday, May 29, 10:48 AMComparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Financial Select Sector SPDR Fund (XLF), which added 15,950,000 units, or a 2.2% increase week over week. Among the largest underlying components of XLF, in morning trading today Berkshire Hathaway Class B (BRK.B) is off about 0.6%, and Wells Fargo & Company (WFC) is lower by about 0.6%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the ProShares UltraShort Bloomberg Natural Gas (KOLD), which added 50,000 units, for a 28.6% increase in outstanding units.