SLV, PSAU: Big ETF Inflows
updated Friday, March 11, 10:53 AM
« Backupdated Friday, March 11, 10:53 AM
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares Silver Trust (SLV), which added 10,100,000 units, or a 3.1% increase week over week.
And on a percentage change basis, the ETF with the biggest increase in inflows was the PowerShares Global Gold and Precious Metals Portfolio (PSAU), which added 450,000 units, for a 33.3% increase in outstanding units. Among the largest underlying components of PSAU, in morning trading today Barrick Gold (ABX) is off about 0.5%, and Newmont Mining Corporation (NEM) is lower by about 1.6%.
For MarketNewsVideo.com, I'm Sayoko Murase.
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