FV, QQXT: Big ETF Inflows
ETF Channel Staff - Monday, October 24, 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 First Trust Dorsey Wright Focus 5 ETF (FV), which added 24,200,002 units, or a 18.3% increase week over week. Among the largest underlying components of FV, in morning trading today First Trust Dow Jones Internet Index (FDN) is up about 0.9%, and First Trust Energy Alphadex (FXN) is lower by about 0.7%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT), which added 1,150,002 units, for a 39.7% increase in outstanding units. Among the largest underlying components of QQXT, in morning trading today Netflix (NFLX) is down about 0.3%, and Expedia (EXPE) is up by about 0.5%.