VEA, LEGR: Big ETF Inflows
ETF Channel Staff - Friday, February 23, 11:19 AMComparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Vanguard FTSE Developed Markets ETF (VEA), which added 10,501,000 units, or a 0.7% increase week over week. Among the largest underlying components of VEA, in morning trading today Nestle (NSRGY) is up about 0.5%, and Novartis (NVS) is lower by about 0.8%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the First Trust Indxx Innovative Transaction & Process ETF (LEGR), which added 200,000 units, for a 40.0% increase in outstanding units. Among the largest underlying components of LEGR, in morning trading today Nvidia Corporation (NVDA) is up about 0.9%, and Micron Technology (MU) is up by about 4%.