| 2021-12-03 14:48:19|
XLK, VOO… 14:48 12/03 12/03/21
On The Fly: ETF fund flow highlights
For the week creations bested redemptions by a factor of over 2.7 to 1 per data from ETF.com. On the creations side S&P 500 related ETFs dominated at a weight of over 49%. Those funds included the SPDR S&P 500 ETF Trust (SPY), iShares Core S&P 500 ETF (IVV), Vanguard S&P 500 ETF (VOO), and the Technology Select Sector SPDR Fund (XLK). The Invesco QQQ Trust (QQQ) had inflows of over 15.4% of the top ten creations. The iShares 20+ Year Treasury Bond ETF (TLT) also saw substantial inflows of over 12%. On the redemptions side S&P 500 sector ETFs saw the bulk of outflows. The Financial Select Sector SPDR Fund (XLF), Industrial Select Sector SPDR Fund (XLI), and iShares U.S. Real Estate ETF (IYR) were over 39% of redemptions in aggregate. The second largest single outflow was from the iShares MSCI USA Momentum Factor ETF (MTUM) at over 17% and the third largest was the iShares Russell 2000 ETF (IWM) at 13%.