Through the first half of this year, sector ETFs raked in $37.7 billion in new assets compared to $13.6 billion for broad U.S. market funds, Jackie Noblett reports for Ignites, citing Morningstar data. No sector ETF has seen more inflows than XLE, which had hauled in about $2.5 billion as of July 28. [Sector ETFs Grow as Investors Get Tactical]
The fund has bled $885 million this month an there is anecdotal evidence popping up that some traders are preparing for an energy sector pullback.
For example, volume in the UltraShort Oil & Gas ProShares (NYSEArca: DUG) is nearly 50% above the daily average today. Over the past month, the Direxion Daily Energy Bear 3X Shares (NYSEArca: ERY) has seen positive creation activity, according to Direxion data.
Vanguard Utilities ETF
