GDX, ZBIO: Big ETF Inflows
updated Wednesday, December 12, 10:46 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 8,300,000 units, or a 1.8% increase week over week. Among the largest underlying components of GDX, in morning trading today Newmont Mining (NEM) is up about 1.8%, and Barrick Gold (ABX) is higher by about 2.2%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the ProShares UltraPro Short Nasdaq Biotechnology (ZBIO), which added 50,003 units, for a 25.0% increase in outstanding units.
For MarketNewsVideo.com, I'm Sayoko Murase.