ETF Investing Report

The SPDR S&P Pharmaceuticals ETF is seeing unusually high volume in afternoon trading Wednesday, with over 524,000 shares traded versus three month average volume of about 52,000. Shares of XPH were up about 1.2% on the day.

In trading on Wednesday, the First Trust NYSE Arca Biotechnology Index Fund ETF is outperforming other ETFs, up about 3.7% on the day. Components of that ETF showing particular strength include shares of Moderna, up about 8.8% and shares of Regeneron Pharmaceuticals, up about 8.3% on the day.

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the ARK Innovation ETF, where 15,100,000 units were destroyed, or a 14.5% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the Optimize Strategy Index ETF, which lost 2,980,000 of its units, representing a 35.2% decline in outstanding units compared to the week prior.

Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Schwab Intermediate-Term US Treasury ETF, which added 17,800,000 units, or a 3.9% increase week over week. And on a percentage change basis, the ETF with the biggest increase in inflows was the SNOU ETF, which added 40,000 units, for a 40.0% increase in outstanding units.

The WisdomTree Total US Dividend Fund ETF is seeing unusually high volume in afternoon trading Tuesday, with over 318,000 shares traded versus three month average volume of about 27,000. Shares of DTD were down about 0.1% on the day.

In trading on Tuesday, the iShares US Aerospace & Defense ETF is outperforming other ETFs, up about 1.2% on the day. Components of that ETF showing particular strength include shares of Leonardo DRS, up about 3% and shares of ATI, up about 2.7% on the day.

Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the MSTU ETF, which added 24,960,000 units, or a 11.4% increase week over week. And on a percentage change basis, the ETF with the biggest increase in inflows was the GraniteShares 2x Long AMZN Daily ETF, which added 610,000 units, for a 38.6% increase in outstanding units.

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Schwab US Small-Cap ETF, where 54,050,000 units were destroyed, or a 7.4% decrease week over week. Among the largest underlying components of SCHA, in morning trading today Sandisk is up about 3.8%, and Hims & Hers Health is lower by about 2.5%.

The First Trust NASDAQ Clean Edge Green Energy Index Fund ETF is seeing unusually high volume in afternoon trading Monday, with over 1.2 million shares traded versus three month average volume of about 73,000. Shares of QCLN were up about 0.4% on the day.

In trading on Monday, the Global X Copper Miners ETF is outperforming other ETFs, up about 4.5% on the day. Components of that ETF showing particular strength include shares of Hudbay Minerals, up about 7.6% and shares of Ero Copper, up about 6.8% on the day.