SPHQ, ONEK: Big ETF Inflows
ETF Channel Staff - Monday, December 18, 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 PowerShares S&P 500 Quality Portfolio (SPHQ), which added 8,350,000 units, or a 18.8% increase week over week. Among the largest underlying components of SPHQ, in morning trading today Boeing Company (BA) is up about 0.7%, and 3M Company (MMM) is higher by about 0.4%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the SPLG: SPDR Portfolio Large Cap ETF, Low Cost Core (ONEK), which added 4,240,188.8 units, for a 36.8% increase in outstanding units. Among the largest underlying components of ONEK, in morning trading today Apple (AAPL) is up about 1.4%, and Microsoft Corporation (MSFT) is relatively unchanged.