VEA, CRAK: Big ETF Inflows
ETF Channel Staff - Friday, May 26, 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 9,012,611 units, or a 0.7% increase week over week. Among the largest underlying components of VEA, in morning trading today Nestle (NSRGY) is up about 0.6%, and Novartis (NVS) is lower by about 0.6%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the Oil Refiners ETF (CRAK), which added 50,000 units, for a 33.3% increase in outstanding units. Among the largest underlying components of CRAK, in morning trading today Phillips 66 (PSX) is up about 0.1%, and Marathon Petroleum Corporation (MPC) is relatively unchanged.