EWG, DWAQ: Big ETF Inflows
ETF Channel Staff - Tuesday, July 28, 10:47 AMComparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares MSCI Germany ETF (EWG), which added 7,500,000 units, or a 2.9% increase week over week.
And on a percentage change basis, the ETF with the biggest increase in inflows was the PowerShares DWA NASDAQ Momentum Portfolio (DWAQ), which added 150,000 units, for a 33.3% increase in outstanding units. Among the largest underlying components of DWAQ, in morning trading today Jazz Pharmaceuticals (JAZZ) is up about 1.1%, and Gilead Sciences (GILD) is up by about 0.3%.