IEFA, XITK: Big ETF Inflows
ETF Channel Staff - Wednesday, June 20, 10:47 AMComparing 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 (IEFA), which added 13,600,000 units, or a 1.5% increase week over week. Among the largest underlying components of IEFA, in morning trading today NXP Semiconductors (NXPI) is up about 0.6%, and Teva Pharmaceutical Industries (TEVA) is up by about 1.3%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the SPDR FactSet Innovative Technology ETF (XITK), which added 100,000 units, for a 40.0% increase in outstanding units. Among the largest underlying components of XITK, in morning trading today Twilio (TWLO) is off about 0.1%, and Momo (MOMO) is up by about 1.1%.