GDX, SMH: Big ETF Inflows
updated Friday, August 26, 11:05 AMComparing 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 9,650,000 units, or a 2.7% increase week over week. Among the largest underlying components of GDX, in morning trading today Barrick Gold (ABX) is up about 3.2%, and Newmont Mining (NEM) is up by about 2.4%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the Semiconductor ETF (SMH), which added 1,350,000 units, for a 33.6% increase in outstanding units. Among the largest underlying components of SMH, in morning trading today Intel (INTC) is up about 1.3%, and Taiwan Semiconductor Manufacturing (TSM) is up by about 0.9%.
For MarketNewsVideo.com, I'm Sayoko Murase.