IEFA, DRIP: Big ETF Inflows
ETF Channel Staff - Tuesday, April 24, 11:10 AM
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares Core MSCI EAFE ETF, which added 13,800,000 units, or a 1.6% increase week over week. Among the largest underlying components of IEFA, in morning trading today NXP Semiconductors is off about 1.8%, and Teva Pharmaceutical Industries is up by about 2.2%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the Daily S&P Oil & Gas Prod. Bear 3X Shares, which added 2,450,000 units, for a 36.7% increase in outstanding units.