FXR, PFI: Big ETF Inflows
ETF Channel Staff - Wednesday, December 7, 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 First Trust Industrials/Producer Durables AlphaDEX Fund (FXR), which added 9,800,000 units, or a 31.6% increase week over week. Among the largest underlying components of FXR, in morning trading today United Continental Holdings (UAL) is up about 0.1%, and Spirit Aerosystems Holdings (SPR) is up by about 0.6%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the PowerShares DWA Financial Momentum Portfolio (PFI), which added 350,000 units, for a 38.9% increase in outstanding units. Among the largest underlying components of PFI, in morning trading today American Tower Corporation (AMT) is up about 0.3%, and Crown Castle International Corporation (CCI) is up by about 0.4%.