News Column

XLV, FPA: Big ETF Inflows

May 1, 2014

MarketNewsVideo.com



Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Health Care Select Sector SPDR Fund (XLV), which added 3,250,000 units, or a 2.0% increase week over week. Among the largest underlying components of XLV, in morning trading today Johnson & Johnson (JNJ) is down about 1.2%, and Pfizer (PFE) is lower by about 0.7%.

And on a percentage change basis, the ETF with the biggest increase in inflows was the First Trust Asia Pacific Ex-Japan AlphaDEX Fund (FPA), which added 800,000 units, for a 40.0% increase in outstanding units. Among the largest underlying components of FPA, in morning trading today Flextronics International (FLEX) is up about 1.7%, and Melco Crown Entertainment (MPEL) is lower by about 0.1%.

The preceding is a transcript of the MarketNewsVideo.com video published at: http://www.marketnewsvideo.com/?id=201405Inflows050114&mv=1.


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Source: MarketNewsVideo.com


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