RING, YLCO: Big ETF Inflows
updated Tuesday, May 9, 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 MSCI Global Gold Miners ETF (RING), which added 3,450,000 units, or a 30.9% increase week over week. Among the largest underlying components of RING, in morning trading today Newmont Mining (NEM) is off about 0.9%, and BVN (BVN) is lower by about 1.8%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the YieldCo Index ETF (YLCO), which added 200,000 units, for a 28.6% increase in outstanding units. Among the largest underlying components of YLCO, in morning trading today 8point3 Energy Partners (CAFD) is up about 0.1%, and Hannon Armstrong (HASI) is lower by about 0.3%.
For MarketNewsVideo.com, I'm Sayoko Murase.