ETF Fund Flows: SPY Gathers $1.55 Billion

Dave Nadig and Olivier Ludwig

Investors plowed $1.55 billion into the SPDR S'P 500 ETF (SPY - News), making it No. 1 on IndexUniverse’s “Top 10 Creations” list. Stocks rose after a volatile session as investors shopped for bargains in equities.

Net flows were $1.88 billion and total assets under management rose to $1.135 trillion from $1.131 trillion on Wednesday, May 23.

The Dow Jones industrial average rose 33.6 points, or 0.27 percent, to close at 12,529.75. Despite a volatile session and data showing factory growth slowing in both China and the United States, end-of-the-session bargain hunters pushed the market up. The S'P 500 was up 1.82 points, or 0.14 percent, to close at 1,320.68.

The No. 2 fund on the creations list was the iShares Barclays 20+Year Treasury Bond Fund (TLT - News), which had $221.6 million in inflows. The No. 3 fund on the list was the Industrial Select Sector SPDR Sector ETF (XLI - News), which had $160 million in inflows.

U.S.-focused equity ETFs had inflows of $1.71 billion. U.S.-focused fixed-income ETFs had inflows of $347.5 million.

Redemptions

Investors pulled $337.1 million from the iShares Russell 2000 Index Fund (IWM - News), making it No. 1 on IndexUniverse’s “Top 10 Redemptions” list.

The No. 2 fund on IndexUniverse’s redemptions list was the iShares FTSE China 25 Index Fund (FXI - News), which suffered $104.3 million in losses. The No. 3 fund on the list was the Utilities Select Sector SPDR Fund (XLU - News), which suffered $103.5 million in losses.

Top 10 Creations (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
SPY SPDR S'P 500 1,549.78 95,812.29 1.64%
TLT iShares Barclays 20+ Year Treasury Bond 221.63 3,620.02 6.52%
XLI Industrial Select SPDR 159.98 3,212.92 5.24%
VTI Vanguard Total Stock Market 156.15 20,455.94 0.77%
XLY Consumer Discretionary Select SPDR 149.52 3,302.51 4.74%
QQQ PowerShares QQQ 130.56 30,304.77 0.43%
GLD SPDR Gold 106.58 64,040.56 0.17%
EFA iShares MSCI EAFE 86.92 32,856.52 0.27%
PFF iShares S'P U.S. Preferred Stock 55.56 8,558.77 0.65%
XLB Materials Select SPDR 51.21 1,967.15 2.67%


Top 10 Redemptions (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
IWM iShares Russell 2000 -337.13 13,699.66 -2.40%
FXI iShares FTSE China 25 -104.33 5,290.92 -1.93%
XLU Utilities Select SPDR -103.50 6,410.64 -1.59%
AAXJ iShares MSCI All Country Asia ex-Japan -91.22 1,707.92 -5.07%
XLV Health Care Select SPDR -67.45 4,395.98 -1.51%
DIA SPDR Dow Jones Industrial Average Trust -62.53 11,066.56 -0.56%
JNK SPDR Barclays Capital High Yield Bond -61.41 10,482.35 -0.58%
SPXU ProShares UltraPro Short S'P 500 -58.73 439.40 -11.79%
USO United States Oil -51.27 1,131.36 -4.34%
XLP Consumer Staples Select SPDR -50.85 5,660.28 -0.89%


ETF Daily Flows By Asset Class

Net Flows ($, mm) AUM ($, mm) % of AUM
U.S. Equity 1,716.48 516,587.74 0.33%
International Equity -81.84 252,964.56 -0.03%
U.S. Fixed Income 347.52 203,797.27 0.17%
International Fixed Income 20.08 16,232.36 0.12%
Commodities -4.70 104,187.04 -0.00%
Currency 43.81 3,162.74 1.39%
Leveraged -17.19 12,388.22 -0.14%
Inverse -111.50 19,615.62 -0.57%
Asset Allocation -4.04 1,862.11 -0.22%
Alternatives -29.17 4,214.80 -0.69%
Total: 1,879.46 1,135,012.46 0.17%


Top 10 Volume Surprises, Funds '$50 mm AUM

Ticker Name Average Volume
(30 Day)
1-Day Volume % of Average
JSC SPDR Russell/Nomura Small Cap Japan 5,081 39,747 782.28%
UDN PowerShares DB US Dollar Index Bearish 54,587 420,313 769.99%
IDU iShares Dow Jones U.S. Utilities 47,944 347,884 725.61%
DJCI ETRACS DJ-Commodity Total Return ETN 10,881 66,310 609.39%
ECON EGShares Emerging Markets Consumer 231,546 1,137,779 491.38%
BWZ SPDR Barclays Capital Short Term International Treasury Bond 30,291 148,837 491.36%
CORP PIMCO Investment Grade Corporate Bond 12,394 59,922 483.48%
PWC PowerShares Dynamic Market Portfolio 7,417 35,148 473.85%
BIL SPDR Barclays Capital 1-3 Month T-Bill 764,230 3,557,715 465.53%
PYZ PowerShares Dynamic Basic Materials Portfolio 26,989 112,819 418.02%


Top 10 1-Day Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded

Ticker Name 1-Day Performance 1-Day Volume AUM ($, mm)
DBEF db-X MSCI EAFE Currency-Hedged Equity 6.69% 3,317 31.14
FAA Guggenheim Airline 3.53% 16,501 14.91
INDA iShares MSCI India 3.18% 19,965 16.74
BAL iPath Dow Jones-UBS Cotton Total Return ETN 2.73% 24,011 29.71
LATM Market Vectors Latin America Small-Cap 2.52% 6,388 11.69
SPGH ETRACS S'P 500 Gold Hedged ETN 2.39% 6,000 16.49
SSDD ETRACS ISE SSD ETN 2.25% 2,300 10.55
SMIN iShares MSCI India Small Cap 2.22% 4,697 4.11
UBG ETRACS CMCI Gold Total Return ETN 2.07% 2,100 7.97
PSCF PowerShares S'P SmallCap Financials 1.93% 6,514 74.62


Bottom 10 1-Day Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded

Ticker Name 1-Day Performance 1-Day Volume AUM ($, mm)
GREK Global X FTSE Greece 20 -5.09% 33,399 2.84
PMNA PowerShares MENA Frontier Countries Portfolio -4.31% 2,338 18.84
EMER IQ Emerging Markets Mid Cap -3.44% 2,000 1.51
UNG United States Natural Gas -3.09% 8,106,195 994.71
PXQ PowerShares Dynamic Networking Portfolio -2.68% 12,117 70.76
KWT Market Vectors Solar Energy -2.64% 60,527 9.38
TUR iShares MSCI Turkey Investable Market -2.58% 260,386 356.77
OGEM EG Shares Energy GEMS -2.56% 13,230 9.33
TAN Guggenheim Solar -2.53% 65,772 50.60
IGN iShares S'P North American Technology-Multimedia Networking -2.51% 40,999 230.31

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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