Weekly ETF Flows: BKLN Hauls In $191M

ETF.com

Investors pumped $842 million into ETFs in the past week, including $191 million into the PowerShares Senior Loan ETF (BKLN), a floating-interest-rate income-focused strategy, as fears about the possibility of the Federal Reserve tightening monetary policy grew.

But the S'P 500 Index edged lower to 1,697.48 in the week ended Thursday, Aug. 8, pulling total ETF assets down a bit less than 1 percent to $1.542 trillion, according to data compiled by IndexUniverse.

On the flip side, two short- to intermediate-dated Treasury ETFs that have reflected market sentiment about the Fed’s plans to “taper” quantitative easing and begin normalizing the official interest rate lost assets in the week. Concern about rising rates looms as the biggest concern in financial markets in the wake of the financial crisis of 2008-2009.

The ProShares Ultra 7-10 Year Treasury ETF (UST) and the iShares 3-7 Year Treasury Bond ETF (IEI) suffered redemptions of $721 million and $435 million, respectively.

UST and IEI have gained assets when concern about rising rates abates and, as was the case in the past week, and lose assets when those concerns become more immediate.

Top 10 Creations (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
MVV ProShares Ultra MidCap 400 1,244.87 1,311.35 1,872.67%
IVV iShares Core S'P 500 486.95 45,658.03 1.08%
IJH iShares Core S'P Mid-Cap 416.13 19,667.38 2.16%
VGK Vanguard FTSE Europe 366.66 7,300.41 5.29%
VEA Vanguard FTSE Developed Markets 343.18 15,109.25 2.32%
VEU Vanguard FTSE All-World ex-US 211.10 9,910.66 2.18%
BSV Vanguard Short-Term Bond 200.52 13,075.03 1.56%
XLI Industrial Select SPDR 192.73 6,065.60 3.28%
BKLN PowerShares Senior Loan 191.31 5,184.11 3.83%
VNQ Vanguard REIT 129.93 17,959.79 0.73%

Top 10 Redemptions (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
UST ProShares Ultra 7-10 Year Treasury -721.46 23.33 -96.87%
GLD SPDR Gold -486.79 37,936.53 -1.27%
QQQ PowerShares QQQ -482.55 37,088.58 -1.28%
IWM iShares Russell 2000 -469.27 25,208.77 -1.83%
XLF Financial Select SPDR -457.23 16,233.20 -2.74%
IEI iShares 3-7 Year Treasury Bond -435.22 2,481.53 -14.92%
MDY SPDR S'P MidCap 400 -375.80 14,066.12 -2.60%
DIA SPDR Dow Jones Industrial Average Trust -356.61 12,808.98 -2.71%
LQD iShares iBoxx $ Investment Grade Corporate Bond -307.02 18,756.29 -1.61%
XLE Energy Select SPDR -280.26 7,969.90 -3.40%

ETF Weekly Flows By Asset Class

Net Flows ($, mm) AUM ($, mm) % of AUM
U.S. Equity -214.65 820,978.85 -0.03%
International Equity 1,548.26 347,431.48 0.45%
U.S. Fixed Income -655.14 228,761.08 -0.29%
International Fixed Income -78.10 25,835.85 -0.30%
Commodities -493.57 72,892.54 -0.68%
Currency -28.92 2,212.28 -1.31%
Leveraged 548.30 16,886.57 3.25%
Inverse 213.58 20,121.43 1.06%
Asset Allocation 5.22 3,680.02 0.14%
Alternatives -3.14 3,485.75 -0.09%
Total: 841.84 1,542,285.85 0.05%

Top 10 Volume Surprises, Funds '$50 mm AUM

Ticker Name Average Volume
(30 Day)
1 Week Average
Volume
% of Average
IGN iShares North American Tech-Multimedia Networking 64,151 1,241,927 387.19%
EUFN iShares MSCI Europe Financials 185,822 3,554,941 382.62%
PXJ PowerShares Dynamic Oil ' Gas Services 68,649 1,287,239 375.02%
IPFF iShares International Preferred Stock 73,776 1,335,407 362.02%
FLRN SPDR Barclays Investment Grade Floating Rate 190,246 3,328,064 349.87%
GSP iPath S'P GSCI Total Return ETN 22,374 368,048 328.99%
RWL RevenueShares Large Cap 44,627 676,674 303.26%
ITF iShares Japan Large-Cap 16,090 234,164 291.06%
VCLT Vanguard Long-Term Corporate Bond 141,956 1,902,132 267.99%
KCE SPDR S'P Capital Markets 29,412 380,827 258.96%

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

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
GREK Global X FTSE Greece 20 7.61% 417,753 57.47
NIB iPath Dow Jones-UBS Cocoa Total Return ETN 7.48% 537,456 24.49
CHOC iPath Pure Beta Cocoa ETN 7.30% 12,104 6.22
JO iPath Dow Jones-UBS Coffee Total Return ETN 5.97% 310,341 93.84
PLND Market Vectors Poland 5.85% 68,967 27.88
EPOL iShares MSCI Poland Capped 5.79% 860,324 325.45
GRN iPath Global Carbon ETN 5.45% 4,731 0.94
CAFE iPath Pure Beta Coffee ETN 5.43% 7,582 4.75
BAL iPath Dow Jones-UBS Cotton Total Return ETN 4.61% 70,588 33.21
EGPT Market Vectors Egypt 4.50% 107,421 46.36

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

Ticker Name Weekly Performance Weekly Volume AUM ($, mm)
UGA United States Gasoline -5.66% 80,300 55.54
URA Global X Uranium -4.70% 445,891 137.94
EPHE iShares MSCI Philippines -4.67% 872,611 365.38
UHN United States Diesel-Heating Oil -4.53% 20,560 6.43
OIL iPath S'P GSCI Crude Oil Total Return ETN -4.48% 1,501,773 365.84
USO United States Oil -4.19% 30,015,314 756.84
JJE iPath Dow Jones-UBS Energy Total Return ETN -3.99% 7,191 7.11
TAN Guggenheim Solar -3.95% 1,612,563 170.63
STPP iPath U.S. Treasury Steepener ETN -3.75% 49,831 13.52
GAZ iPath Dow Jones-UBS Natural Gas Total Return ETN -3.65% 456,135 31.00

Top 10 YTD Performers

Ticker Name YTD Performance Weekly Performance AUM ($, mm)
TAN Guggenheim Solar 71.62 -3.95 170.63
QCLN First Trust NASDAQ Clean Edge Green Energy 62.33 -2.88 63.58
GEX Market Vectors Global Alternative Energy 51.96 -1.43 82.40
BBH Market Vectors Biotech 46.62 -2.34 380.39
KWT Market Vectors Solar Energy 43.45 -3.44 15.66
IBB iShares Nasdaq Biotechnology 42.78 -2.43 3,698.73
FAN First Trust ISE Global Wind Energy 42.51 0.94 46.06
PBE PowerShares Dynamic Biotech ' Genome 42.37 -1.95 190.36
PBW PowerShares WilderHill Clean Energy 42.15 -1.46 200.39
XPH SPDR S'P Pharmaceuticals 38.54 -0.07 513.31

Bottom 10 YTD Performers

Ticker Name YTD Performance Weekly Performance AUM ($, mm)
VIIX VelocityShares VIX Short Term ETN -54.17 -1.81 16.94
VXX iPath S'P 500 VIX Short-Term Futures ETN -54.17 -1.81 1,333.54
VIXY ProShares VIX Short-Term -53.93 -1.83 162.41
GLDX Global X Gold Explorers -50.54 0.83 30.24
GDXJ Market Vectors Junior Gold Miners -49.55 0.11 1,330.93
SILJ PureFunds ISE Junior Silver (Small Cap Miners/Explorers) -46.55 -0.56 1.60
GGGG Global X PURE Gold Miners -46.22 0.00 3.38
RING iShares MSCI Global Gold Miners -45.48 -2.54 34.19
GDX Market Vectors Gold Miners -43.76 -0.47 6,388.76
SLVP iShares MSCI Global Silver Miners -43.59 -0.40 4.92

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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