GDX, DDG: Big ETF Inflows
updated Monday, February 9, 3:16 PMComparing 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 (GDX), which added 12,100,000 units, or a 3.7% increase week over week. Among the largest underlying components of GDX, in morning trading today Goldcorp (GG) is up about 2.8%, and Barrick Gold (ABX) is up by about 1.8%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the ProShares Short Oil & Gas (DDG), which added 50,000 units, for a 40.0% increase in outstanding units.
For MarketNewsVideo.com, I'm Sayoko Murase.