On The Fly: ETF fund flow highlights

For the week, the skew in flows among the top-twenty ETFs was to the redemptions side by a factor of 1.4 to 1. Per data from ETF.com, the primary outflows were from index fund ETFs with the SPDR S&P 500 (SPY), iShares Russell 200 ETF (IWM), and iShares Russell 1000 Value ETF (IWD) accounting for over 46% of redemptions. Bond funds also saw selling with the SPDR Bloomberg Barclays Intermediate Term Treasury ETF (ITE), iShares Core U.S. Aggregate Bond ETF (AGG), and iShares 3-7 Year Treasury Bond ETF (IEI) being notably active. On the creations side, the skew among funds was lower with the iShares Core MSCI Emerging Markets ETF (IEMG) topping the list. The remaining funds did not yield much in the way of skew or a theme.