IAU, PXSV: Big ETF Inflows
ETF Channel Staff - Monday, June 27, 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 iShares Gold Trust (IAU), which added 11,700,000 units, or a 1.8% increase week over week.
And on a percentage change basis, the ETF with the biggest increase in inflows was the PowerShares Russell 2000 Pure Value Portfolio (PXSV), which added 1,000,000 units, for a 40.0% increase in outstanding units. Among the largest underlying components of PXSV, in morning trading today Gramercy Property Trust (GPT) is off about 2.8%, and Cash American International (CSH) is lower by about 2.3%.