“The largest ETF fund inflow by sector last week was in utilities, new figures have shown. Results published by BlackRock showed that this area saw $140.4 million in the last seven days, while oil and gas experienced inflows of $100.7 million,” HedgeWeek Reports.

“At present, the assets invested in ETF funds are greater than the open interest in the sectors’ futures contract. BlackRock stated: “Year-to-date, Utilities have been the most popular sector with $150.1 million net new assets, followed by oil and gas with $114.8 million net inflows.” It revealed that the least popular ETF funds have been in the food and beverage sector, with year-to-date net outflows of $90.4 million,” HedgeWeek Reports.

See The Full Story: HERE

We have highlighted the Utilities Select Sector SPDR ETF (XLU):

TOP 10 HOLDINGS ( 55.74% OF TOTAL ASSETS)

Company Symbol % Assets AMER ELECTRIC POW CO AEP 4.29 DOMINION RES NEW D 6.01 DUKE ENERGY CP HL CO DUK 5.6 ENTERGY CP ETR 4.45 EXELON CORPORATION EXC 9.17 FIRSTENERGY CP FE 3.91 F P L GROUP INC FPL 5.98 PG&E CP PCG 4.51 PUB ENTRPR GP PEG 4.47 SOUTHERN CO SO 7.35

 

Get 10 Trading Lessons FREE Click Here

GET A FREE TREND ANALYSIS FOR ANY ETF HERE!

Related posts:

1. All Investments Involve Risk…Even Cash; How Much Cash Should You Hold? (TBT, TLT, GLD, SLV, SPY)
2. Four (4) ETFs To Cash In On Rising Food Prices (MOO, JJA, JJG, MON, POT)
3. Short-Term Bond ETFs: The Best Place To Stash Cash? (SHY, CSJ, SHM)
4. What Is America’s Largest Candidate For Bankruptcy? (BAC, XLF, FAS, FAZ, SKF)

ETF BASIC NEWS, XLU