Utility ETFs See Largest Inflow Of Cash Last Week

utility-stocks“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.

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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

Chart for Utilities Select Sector SPDR (XLU)

 

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