XLF, LABD: Big ETF Inflows
ETF Channel Staff - Wednesday, May 25, 10:46 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 15,400,000 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 up about 0.8%, and JP Morgan Chase & Company (JPM) is up by about 2.4%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the Daily S&P Biotech Bear 3x Shares (LABD), which added 300,000 units, for a 27.3% increase in outstanding units.