XLF, OILU: Big ETF Inflows
ETF Channel Staff - Thursday, April 27, 10:51 AMComparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Financial Select Sector SPDR Fund (XLF), which added 23,000,000 units, or a 2.4% increase week over week. Among the largest underlying components of XLF, in morning trading today Berkshire Hathaway (BRK.B) is down about 0.8%, and JP Morgan Chase & Company (JPM) is lower by about 1.1%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the ProShares UltraPro 3x Crude Oil ETF (OILU), which added 100,000 units, for a 40.0% increase in outstanding units.