HEFA, GRID: Big ETF Inflows
ETF Channel Staff - Tuesday, October 25, 10:48 AMComparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares Currency Hedged MSCI EAFE ETF (HEFA), which added 4,150,000 units, or a 3.3% increase week over week.
And on a percentage change basis, the ETF with the biggest increase in inflows was the First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID), which added 99,998 units, for a 33.3% increase in outstanding units. Among the largest underlying components of GRID, in morning trading today Quanta Services (PWR) is up about 0.4%, and Itron (ITRI) is lower by about 1.2%.