Equity exchange traded funds (ETFs) experienced another week of inflows, making it three straight weeks of positive flow.[0] The BNY Mellon US Large Cap Core Equity ETF (BKLC) and the iShares Russell 2000 ETF (NYSEARCA:IWM) were the top cash attracters, with BKLC taking in $1.2B and IWM bringing in $790M.[0] On the other end of the rope, the popular SPDR S&P 500 ETF (NYSEARCA: SPY) saw the most significant outflow with $2.9B exiting the fund, followed by the Energy Select Sector SPDR ETF (NYSEARCA: XLE) which lost $674M.[0]
In the fixed income ETFs, the WisdomTree Voya Yield Enhanced USDE Universal Bond Fund (UNIY) and the iShares 10-20 Year Treasury Bond ETF (TLH) drew the most attention.[0] UNIY’s revenue was $1.1B while TLH[1] The iShares 7-10 Year Treasury Bond ETF (IEF) saw the largest outflow with $959M, while the iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA: LQD) watched $821M leave the fund.[0]
According to the Refinitiv Lipper fund-flow weekly report, all fund flow data is provided.[0]
0. “Investors retract capital from the fund space for the first week in six” msnNOW, 10 Feb. 2023, https://www.msn.com/en-us/money/savingandinvesting/investors-retract-capital-from-the-fund-space-for-the-first-week-in-six/ar-AA17krkX
1. “Investors retract capital from the fund space for the first week in six” Seeking Alpha, 10 Feb. 2023, https://seekingalpha.com/news/3934738-investors-retract-cash-from-the-fund-space-for-the-first-week-in-six