InvestorsHub Logo
Followers 253
Posts 28379
Boards Moderated 4
Alias Born 07/07/2004

Re: DragonBear post# 118067

Monday, 02/20/2017 5:31:16 PM

Monday, February 20, 2017 5:31:16 PM

Post# of 220812
There's a buying panic in anti-pennies:

"After taking a back seat for years to ETFs based on the S&P 500 [SPDR S&P 500 ETF Trust (SPY)] and Nasdaq [PowerShares QQQ Trust (QQQ)], the SPDR Dow Jones Industrial Average ETF Trust (DIA) is having a breakout start to the year.

The fund, based on the venerable and—to some–controversial Dow Jones Industrial Average Index, is the most popular ETF so far this year, and has taken in $2.56 billion in new assets since the beginning of the year. That’s the most of any U.S.-listed ETF in 2017.

Last week alone, DIA saw inflows of $1.1 billion, an increase of 6.6% in assets under management."

Read more: http://www.nasdaq.com/article/dow-jones-index-etf-most-popular-so-far-this-year-cm747191

______________________________________________________________
Because the Good Life is Just a Pump or Two Away

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.