GDX, UST: Big ETF Inflows
ETF Channel Staff - Thursday, March 22, 11:24 AM
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Gold Miners ETF, which added 4,250,000 units, or a 1.2% increase week over week. Among the largest underlying components of GDX, in morning trading today Newmont Mining is down about 0.1%, and Barrick Gold is relatively unchanged.
And on a percentage change basis, the ETF with the biggest increase in inflows was the ProShares Ultra 7-10 Year Treasury, which added 150,000 units, for a 25.0% increase in outstanding units.