XLU, LBJ: Big ETF Inflows
ETF Channel Staff - Tuesday, June 28, 10:49 AMComparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Utilities Select Sector SPDR Fund (XLU), which added 11,700,000 units, or a 7.3% increase week over week. Among the largest underlying components of XLU, in morning trading today Nextera Energy (NEE) is down about 0.9%, and Duke Energy (DUK) is lower by about 0.8%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the Daily Latin America Bull 3x Shares (LBJ), which added 50,000 units, for a 32.3% increase in outstanding units.