GDX, GUSH: Big ETF Inflows
updated Wednesday, October 17, 11:02 AM
« Backupdated Wednesday, October 17, 11:02 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 (GDX), which added 11,650,000 units, or a 2.6% increase week over week. Among the largest underlying components of GDX, in morning trading today Newmont Mining (NEM) is up about 1%, and Barrick Gold Corporation (ABX) is higher by about 1.4%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares (GUSH), which added 1,000,000 units, for a 34.4% increase in outstanding units.
For MarketNewsVideo.com, I'm Sayoko Murase.
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