IEMG, URE: Big ETF Inflows
ETF Channel Staff - Tuesday, August 23, 10:48 AM
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares Core MSCI Emerging Markets ETF, which added 8,400,000 units, or a 2.4% increase week over week. Among the largest underlying components of IEMG, in morning trading today Alibaba Group Holding is up about 0.7%, and Baidu is relatively unchanged.
And on a percentage change basis, the ETF with the biggest increase in inflows was the ProShares Ultra Real Estate, which added 549,628 units, for a 33.7% increase in outstanding units. Among the largest underlying components of URE, in morning trading today Simon Property Group Incorporated is up about 0.2%, and American Tower Corporation is up by about 1.3%.