VEA, DDG: Big ETF Inflows
ETF Channel Staff - Monday, April 24, 10:47 AMComparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Vanguard FTSE Developed Markets ETF (VEA), which added 14,506,435 units, or a 1.2% increase week over week. Among the largest underlying components of VEA, in morning trading today Nestle (NSRGY) is up about 1.9%, and Novartis (NVS) is up by about 1.2%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the ProShares Short Oil & Gas (DDG), which added 50,000 units, for a 40.0% increase in outstanding units.