Global X Funds Lithium ETF (NYSE: LIT) traded more than 450,000 shares on its opening day Friday, July 23, 2010, making it one of the most successful ETF launches this year. Other Global X ETFs posted significant volumes on the same day, including Global X China Consumer ETF (NYSE:
CHIQ
) which hit a record volume of over a million shares. Global X Funds is one of the fastest growing ETF companies, currently managing $336.9 million in assets. Over the last two weeks alone, there have been 88 creation units across the China Consumer (
CHIQ
), China Materials ETF (NYSE:
CHIM
), China Financials ETF (NYSE:
CHIX
), Colombia ETF (NYSE:
GXG
), Silver Miners ETF (NYSE:
SIL
), Brazil Mid Cap ETF (NYSE:
BRAZ
), and the newly issued Lithium ETF (NYSE: LIT). Creation units are created by large institutional investors called Authorized Participants. In general creation units consist of 50,000 shares. This represents an aggregate inflow of $76.8 million into the fund family over the last two weeks.
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