NUGT, ISRA: Big ETF Inflows
ETF Channel Staff - Thursday, July 30, 10:52 AMComparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Daily Gold Miners Index Bull 3x Shares (NUGT), which added 22,300,000 units, or a 15.3% increase week over week. Among the largest underlying components of NUGT, in morning trading today Market Vectors Gold Miners ETF(GDX) is off about 1.5%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the Israel ETF (ISRA), which added 550,000 units, for a 34.4% increase in outstanding units. Among the largest underlying components of ISRA, in morning trading today Perrigo Company (PRGO) is up about 0.1%, and Check Point Software Tech (CHKP) is lower by about 1.5%.