GDX, DRIP: Big ETF Inflows
updated Wednesday, November 13, 11:06 AM
Comparing 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, which added 19,350,000 units, or a 4.6% increase week over week. Among the largest underlying components of GDX, in morning trading today Newmont Goldcorp is up about 1.7%, and Barrick Gold is up by about 1.6%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares, which added 200,000 units, for a 36.0% increase in outstanding units.
For MarketNewsVideo.com, I'm Sayoko Murase