Investors plowed $481.2 million into the iShares Russell 2000 Index Fund (NYSEArca:IWM - News), making it the No. 1 fund on IndexUniverse’s “Top 10 Creations” list. Stocks rallied on positive news from Greece, strong earnings from U.S. regional banks and indications that the Federal Reserve may engage in a new type of quantitative easing.
Net flows were $365.2 million, and total assets under management rose to more than $1.175 trillion from $1.170 trillion on Tuesday, March 6.
The Dow Jones industrial average rose 78.18 points, or 0.61 percent, to close at 12,837.33. Stocks were up in response to news of progress on the Greek debt swap and a report the Fed might embark on a new sort of bond-buying program to stimulate the economy. The S'P 500 rose 9.27 points, or 0.9.27 percent, to close at 1,352.63.
The No. 2 fund on IndexUniverse’s “Top 10 Creations” list was the SPDR S'P MidCap 400 ETF (NYSEArca:MDY - News), which had inflows of $245.7 million. The No. 3 fund on the list was the PowerShares QQQ Trust (NasdaqGM:QQQ - News), which had inflows of $211.4 million.
Redemptions
Investors meanwhile pulled $354.1 million from the Financial Select SPDR Sector Fund (NYSEArca:XLF - News), making it the No. 1 fund on IndexUniverse’s “Top 10 Redemptions” list.
The No. 2 fund on the redemptions list was the Industrial Select Sector SPDR Fund (NYSEArca:XLI - News), which suffered outflows of $327.6 million. The iShares MSCI EAFE Index Fund (NYSEArca:EFA - News) was third on the list, with outflows of $ 159.7 million.
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| IWM | iShares Russell 2000 | 481.22 | 14,901.82 | 3% |
| MDY | SPDR S'P MidCap 400 | 245.69 | 10,332.85 | 2% |
| QQQ | PowerShares QQQ | 211.37 | 33,142.67 | 1% |
| VXX | iPath S'P 500 VIX Short-Term Futures ETN | 131.53 | 1,686.14 | 8% |
| FAS | Direxion Daily Financial Bull 3x | 120.53 | 1,456.16 | 9% |
| SPY | SPDR S'P 500 | 108.54 | 95,977.32 | 0% |
| TNA | Direxion Daily Small Cap Bull 3x | 104.79 | 981.67 | 12% |
| FLAT | iPath U.S. Treasury Flattener ETN | 76.28 | 119.44 | 177% |
| TLT | iShares Barclays 20+ Year Treasury Bond | 58.48 | 3,169.35 | 2% |
| MBB | iShares Barclays MBS Bond | 53.88 | 4,697.90 | 1% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| XLF | Financial Select SPDR | -354.05 | 6,047.31 | -6% |
| XLI | Industrial Select SPDR | -327.60 | 3,197.01 | -9% |
| EFA | iShares MSCI EAFE | -159.66 | 37,967.15 | -0% |
| JNK | SPDR Barclays Capital High Yield Bond | -125.76 | 11,782.93 | -1% |
| XLB | Materials Select SPDR | -93.73 | 1,887.94 | -5% |
| SHY | iShares Barclays 1-3 Year Treasury Bond | -75.93 | 10,487.19 | -1% |
| XLK | Technology Select SPDR | -71.83 | 8,923.83 | -1% |
| FAZ | Direxion Daily Financial Bear 3x | -59.52 | 953.16 | -6% |
| TIP | iShares Barclays TIPS Bond | -59.17 | 22,447.20 | -0% |
| TZA | Direxion Daily Small Cap Bear 3x | -56.29 | 902.93 | -6% |
ETF Daily Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | 33.04 | 523,013.39 | 0.01% |
| International Equity | -165.59 | 287,472.55 | -0.06% |
| U.S. Fixed Income | -14.67 | 191,205.76 | -0.01% |
| International Fixed Income | 11.91 | 14,018.45 | 0.08% |
| Commodities | -29.80 | 116,549.99 | -0.03% |
| Currency | 26.12 | 3,677.11 | 0.71% |
| Leveraged | 301.67 | 13,533.07 | 2.23% |
| Inverse | 38.31 | 20,928.48 | 0.18% |
| Asset Allocation | -0.64 | 1,068.77 | -0.06% |
| Alternatives | 164.83 | 4,125.66 | 4.00% |
| Total: | 365.17 | 1,175,593.23 | 0.03% |
Top 10 Volume Surprises, Funds '$50 mm AUM
| Ticker | Name | Average Volume (30 Day) |
1-Day Volume | % of Average |
| USCI | United States Commodity | 208,792 | 5,010,288 | 2400% |
| FLAT | iPath U.S. Treasury Flattener ETN | 17,751 | 136,011 | 766% |
| ENZL | iShares MSCI New Zealand Investable Market | 27,760 | 184,915 | 666% |
| IXC | iShares S'P Global Energy | 266,100 | 1,671,809 | 628% |
| IEO | iShares Dow Jones U.S. Oil ' Gas Exploration ' Production | 153,746 | 769,436 | 500% |
| BIK | SPDR S'P BRIC 40 | 221,416 | 1,075,065 | 486% |
| XES | SPDR S'P Oil ' Gas Equipment ' Services | 168,747 | 806,397 | 478% |
| RYH | Guggenheim S'P Equal Weight Health Care | 78,891 | 313,004 | 397% |
| DLN | WisdomTree LargeCap Dividend | 155,315 | 603,831 | 389% |
| FEX | First Trust Large Core AlphaDEX | 101,942 | 385,541 | 378% |
Top 10 1-Day Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded
| Ticker | Name | 1-Day Performance | 1-Day Volume | AUM ($, mm) |
| ITB | iShares Dow Jones U.S. Home Construction | 3.70% | 670,379 | 518.69 |
| PALL | ETFS Physical Palladium | 3.43% | 171,740 | 505.25 |
| JJN | iPath Dow Jones-UBS Nickel Total Return ETN | 3.39% | 24,626 | 10.56 |
| MOM | QuantShares U.S. Market Neutral Momentum | 3.31% | 10,000 | 4.76 |
| SSDD | ETRACS ISE SSD ETN | 3.11% | 4,250 | 13.38 |
| CHIQ | Global X China Consumer | 2.63% | 190,955 | 157.90 |
| BJK | Market Vectors Gaming | 2.61% | 10,005 | 82.32 |
| NORW | Global X FTSE Norway | 2.51% | 22,122 | 50.87 |
| ARGT | Global X FTSE Argentina 20 | 2.39% | 4,833 | 3.84 |
| XHB | SPDR S'P Homebuilders | 2.33% | 5,772,744 | 1,232.66 |
Bottom 10 1-Day Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded
| Ticker | Name | 1-Day Performance | 1-Day Volume | AUM ($, mm) |
| GRN | iPath Global Carbon ETN | -6.74% | 2,288 | 1.51 |
| VIIX | VelocityShares VIX Short Term ETN | -5.04% | 92,405 | 52.02 |
| VXX | iPath S'P 500 VIX Short-Term Futures ETN | -4.99% | 28,778,155 | 1,686.14 |
| VIXY | ProShares VIX Short-Term | -4.89% | 300,638 | 104.46 |
| CVOL | C-Tracks Exchange-Traded Notes on the Citi Volatility | -4.54% | 10,729 | 9.23 |
| FCA | First Trust China AlphaDex | -3.55% | 13,400 | 3.36 |
| AGEM | EGShares GEMS Composite | -3.53% | 1,723 | 15.18 |
| EEMA | iShares MSCI Emerging Markets Asia | -3.04% | 1,300 | 10.71 |
| VIIZ | VelocityShares VIX Mid Term ETN | -2.73% | 1,100 | 7.65 |
| JO | iPath Dow Jones-UBS Coffee Total Return ETN | -2.52% | 118,660 | 21.77 |
Disclaimer:All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.
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