SPY, RNDV: Big ETF Inflows
ETF Channel Staff - Monday, January 22, 11:06 AMComparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the SPDR S&P 500 ETF (SPY), which added 23,900,000 units, or a 2.3% increase week over week. Among the largest underlying components of SPY, in morning trading today Apple (AAPL) is off about 0.7%, and Microsoft Corporation (MSFT) is up by about 1.2%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the US Equity Dividend Select ETF (RNDV), which added 200,000 units, for a 40.0% increase in outstanding units. Among the largest underlying components of RNDV, in morning trading today Seagate Technology (STX) is trading flat, and Pfizer (PFE) is up by about 0.1%.