MLPA, PXQ: Big ETF Inflows
ETF Channel Staff - Tuesday, January 23, 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 MLP ETF (MLPA), which added 4,250,000 units, or a 5.1% increase week over week. Among the largest underlying components of MLPA, in morning trading today Buckeye Partners (BPL) is off about 0.6%, and Eqt Midstream Partners (EQM) is lower by about 0.5%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the PowerShares Dynamic Networking Portfolio (PXQ), which added 250,000 units, for a 33.3% increase in outstanding units. Among the largest underlying components of PXQ, in morning trading today Cisco Systems (CSCO) is up about 0.2%, and VMware(VMW) is higher by about 0.7%.