GDX, GUSH: Big ETF Inflows
Metals Channel - 14 hours, 22 minutes ago
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 110,949,500 units, or a 28.4% increase week over week. Among the largest underlying components of GDX, in morning trading today Barrick Gold is up about 2.3%, and Newmont Mining is up by about 1%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the Daily S&P Oil & Gas Bull 3X ETF, which added 2,400,000 units, for a 37.4% increase in outstanding units.
For MarketNewsVideo.com, I'm Sayoko Murase