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PFF, UDN: Big ETF Inflows

Jul 11, 2018 ( via COMTEX) --

Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares U.S. Preferred Stock ETF (PFF), which added 8,100,000 units, or a 1.8% increase week over week. Among the largest underlying components of PFF, in morning trading today Wells Fargo (WFC) is down about 0.3%, and Citigroup is relatively unchanged.

And on a percentage change basis, the ETF with the biggest increase in inflows was the Invesco DB US Dollar Index Bearish Fund (UDN), which added 600,000 units, for a 37.5% increase in outstanding units. Among the largest underlying components of UDN, in morning trading today Meta Financial Group (CASH) is up about 0.7%.

The preceding is a transcript of the video published at:

Copyright 2018 ********************************************************************** As of Saturday, 07-07-2018 23:59, the latest Comtex SmarTrend® Alert, an automated pattern recognition system, indicated a DOWNTREND on 04-09-20

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