ETFs cross $800 bln inflow mark last week
U.S.-listed ETFs fell off slightly in inflows compared to the previous week, but still maintained a healthy inflow of about $18.1 billion in new assets between Dec. 3 and Dec. 9.
Mix Of Risk-On, Risk-Off Inflows
The top of the flows board featured the stalwarts $SPDR S&P 500 ETF(SPY.US$ and $iShares Core S&P 500 ETF(IVV.US$, at $2.9 billion and $1.8 billion in inflows, respectively.
However, the rest of the leaderboard was split between defensive and growth-oriented tilts.
Bond funds accounted for plenty of inflows on the defensive side, with the $iShares 20+ Year Treasury Bond ETF(TLT.US$ leading the asset class, with approximately $1.7 billion in new assets. The $iShares 7-10 Year Treasury Bond ETF(IEF.US$, $Ishares Iboxx $ High Yield Corporate Bond Etf(HYG.US$ and $Vanguard Short-Term Treasury ETF(VGSH.US$ added a combined $2.6 billion. On the equity side, the $Consumer Staples Select Sector SPDR Fund(XLP.US$ increased by $634.6 million.
Other Broad Equities Flounder
While SPY and IVV took in heavy flows, investors pulled almost $3.5 billion from other big-name broad equity funds.
The $Vanguard S&P 500 ETF(VOO.US$ saw the largest outflows, with a $2.5 billion loss during the period, followed by the $Invesco QQQ Trust(QQQ.US$, with $1.0 billion. The $iShares Russell 2000 ETF(IWM.US$ lost $945 million in the week.
Source: ETF.com
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Yong LingChan : hi
Dartist : wow
kuppp : yeap
hkMoo : noted
Spearhead : Good
71496162 : noted