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SPY

SPDR S&P 500 ETF Trust

$356.99 /

-0.77 (-0.22%)

, RSP

Invesco S&P 500 Equal Weight ETF

$121.02 /

-0.43 (-0.35%)

14:21
11/20/20
11/20
14:21
11/20/20
14:21

On The Fly: ETF fund flow highlights

For the week there was a very slight tilt toward redemptions over creations. On the redemptions side among the top twenty ETFs by dollar volume, the bulk of outflows was from S&P 500 funds. The single largest redemption was from the SPDR S&P 500 ETF Trust (SPY) which when combined with outflows from the Invesco S&P 500 Equal Weight ETF (RSP), Health Care Select Sector SPDR Fund (XLV), and Technology Select Sector SPDR Fund (XLK) summed to nearly 60% of redemptions. The next largest single outflow was from the SPDR Gold Trust (GLD) at over 14%. On the creations side, flow skews were not nearly as extreme but there was also an absence of theme. The three largest inflows were to the Technology Select Sector SPDR Fund (VTI), iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD), and iShares MBS ETF (MBB). Those three funds comprised over 46% of creations. Flows to other funds were much smaller in scale and without theme.

SPY

SPDR S&P 500 ETF Trust

$356.99 /

-0.77 (-0.22%)

RSP

Invesco S&P 500 Equal Weight ETF

$121.02 /

-0.43 (-0.35%)

XLV

Health Care Select Sector SPDR

$109.20 /

+0.18 (+0.17%)

XLK

Technology Select Sector SPDR

$121.09 /

-0.3 (-0.25%)

GLD

SPDR Gold Shares

$175.77 /

+0.62 (+0.35%)

VTI

Vanguard Total Stock Market ETF

$183.95 /

-0.31 (-0.17%)

LQD

iShares iBoxx $ Investment Grade Corporate Bond

$137.70 /

-0.06 (-0.04%)

MBB

iShares MBS ETF

$110.15 /

-0.03 (-0.03%)

SPY SPDR S&P 500 ETF Trust
$356.99 /

-0.77 (-0.22%)

11/09/20 JPMorgan
JPMorgan sees S&P 500 hitting 4,000 by early next year
09/01/20
Fed's Brainard says monetary policy to pivot from stabilization to accommodation
08/17/20 Goldman Sachs
Goldman boosts end of 2020 S&P 500 target to 3,600 from 3,000
06/04/20 Keefe Bruyette
Mattis rebuke 'wake up call' for stock market, says Keefe Bruyette
RSP Invesco S&P 500 Equal Weight ETF
$121.02 /

-0.43 (-0.35%)

XLV Health Care Select Sector SPDR
$109.20 /

+0.18 (+0.17%)

03/18/20
Jefferies ups Health Care to Overweight, cuts Discretionary to Underweight
XLK Technology Select Sector SPDR
$121.09 /

-0.3 (-0.25%)

06/10/20 Jefferies
Jefferies downgrades Tech sector to Market Weight from Overweight
GLD SPDR Gold Shares
$175.77 /

+0.62 (+0.35%)

VTI Vanguard Total Stock Market ETF
$183.95 /

-0.31 (-0.17%)

LQD iShares iBoxx $ Investment Grade Corporate Bond
$137.70 /

-0.06 (-0.04%)

MBB iShares MBS ETF
$110.15 /

-0.03 (-0.03%)

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