XLP, SPMD: Big ETF Inflows
ETF Channel Staff - Thursday, December 7, 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 Consumer Staples Select Sector SPDR Fund (XLP), which added 14,250,000 units, or a 9.6% increase week over week. Among the largest underlying components of XLP, in morning trading today Procter & Gamble Company (PG) is down about 1%, and Coca-Cola Company (KO) is lower by about 0.8%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the SPDR Portfolio Mid Cap ETF (SPMD), which added 2,700,000 units, for a 33.5% increase in outstanding units. Among the largest underlying components of SPMD, in morning trading today SVB Financial Group (SIVB) is up about 0.1%, and Take-two Interactive (TTWO) is higher by about 0.4%.