EEM, LABD: Big ETF Inflows
ETF Channel Staff - Thursday, June 22, 10:46 AMComparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares MSCI Emerging Markets ETF (EEM), which added 6,300,000 units, or a 0.8% increase week over week. Among the largest underlying components of EEM, in morning trading today Alibaba Group Holding (BABA) is trading flat, and Baidu Ad (BIDU) is lower by about 0.3%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the Daily S&P Biotech Bear 3X Shares (LABD), which added 3,650,000 units, for a 31.6% increase in outstanding units.