| 2019-05-24 12:40:39|
SPY, IVV… 12:40 05/24 05/24/19
On The Fly: ETF fund flow highlights
Flows for the past week were lighter than average and skewed by a factor of over 1.6 to 1 to creations for the top twenty traded ETFs, per data from ETF.com. On the creations side S&P funds including the SPDR S&P 500 ETF (SPY), iShares Core S&P 500 ETF (IVV), and Technology (XLK) dominated at over 69% of inflows. In a down week for the sector, semiconductors also saw inflows with the VanEck Vectors Semiconductor ETF (SMH) and iShares PHLX Semiconductor ETF (SOXX) getting over $500M of inflows. On the redemptions side the skew between funds was more even, with the iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD), iShares MSCI Emerging Markets ETF (EEM), Utilities (XLU), and Health Care (XLV) constituting more than 64% of outflows.