EFA, DGRW: Big ETF Inflows
Metals Channel - Monday, November 24, 12:23 PM
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares MSCI EAFE ETF (EFA), which added 8,400,000 units, or a 1.0% increase week over week. Among the largest underlying components of EFA, in morning trading today Arcelormittal (MT) is up about 0.9%, and Intercontinental Hotels Group (IHG) is higher by about 1.2%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the WisdomTree U.S. Dividend Growth Fund (DGRW), which added 1,800,000 units, for a 37.5% increase in outstanding units. Among the largest underlying components of DGRW, in morning trading today Apple (AAPL) is up about 0.8%, and Microsoft (MSFT) is lower by about 0.6%.