XOP, USMF: Big ETF Inflows
ETF Channel Staff - Thursday, April 26, 10:55 AM
Comparing 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 Oil & Gas Exploration & Production ETF, which added 12,150,000 units, or a 18.5% increase week over week. Among the largest underlying components of XOP, in morning trading today Whiting Petroleum is down about 2.7%, and QEP Resources is lower by about 5.2%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the WisdomTree U.S. Multifactor Fund, which added 50,000 units, for a 33.3% increase in outstanding units. Among the largest underlying components of USMF, in morning trading today Valero Energy is trading flat, and Phillips 66 is higher by about 0.7%.