FVD, HEWL: Big ETF Inflows
ETF Channel Staff - Wednesday, May 24, 10:54 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 Value Line Dividend Index Fund (FVD), which added 7,200,000 units, or a 5.9% increase week over week. Among the largest underlying components of FVD, in morning trading today Novo Nordisk (NVO) is up about 0.2%, and McDonald's Corporation (MCD) is higher by about 0.5%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the iShares Currency Hedged MSCI Switzerland ETF (HEWL), which added 50,000 units, for a 33.3% increase in outstanding units.