USMV, CHAD: Big ETF Inflows
updated Friday, May 31, 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 iShares Edge MSCI Min Vol USA ETF (USMV), which added 8,000,000 units, or a 1.8% increase week over week. Among the largest underlying components of USMV, in morning trading today Newmont Goldcorp Corporation (NEM) is up about 2.4%, and Verizon Communications (VZ) is lower by about 3.1%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the Daily CSI 300 China A Share Bear 1X Shares (CHAD), which added 200,000 units, for a 28.6% increase in outstanding units.
For MarketNewsVideo.com, I'm Sayoko Murase.