XME, UST: Big ETF Inflows
ETF Channel Staff - Tuesday, May 31, 10:53 AMComparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the SPDR S&P Metals and Mining ETF (XME), which added 6,650,000 units, or a 26.4% increase week over week. Among the largest underlying components of XME, in morning trading today Coeur Mining (CDE) is up about 3.7%, and Hecla Mining Company (HL) is up by about 2.3%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the ProShares Ultra 7-10 Year Treasury (UST), which added 300,000 units, for a 37.5% increase in outstanding units.