Investors took $788.7 million out of the iShares Russell 2000 (IWM - News) yesterday, as they fled from U.S. equities after deciding the Federal Reserve’s decision to buy longer-term bonds probably won’t provide enough stimulus for a slowing U.S. economy.
Investors took $1.96 billion out of U.S. equities ETFs, with combined net outflows reaching a total of $1.54 billion. That helped bring down total U.S.-listed ETF assets to $1.158 trillion yesterday from around $1.181 trillion on Wednesday, June 20, according to data compiled by IndexUniverse.
The Nos. 2 and 3 funds on IndexUniverse’s “Top 10 Redemptions” list were the Health Care Select Sector SPDR Fund (XLV - News) and the SPDR S'P 500 ETF (SPY - News), which had outflows of almost $378 million and $23.8.5 million, respectively.
Total assets were yanked down in large measure by the stock market. The Dow Jones industrial average, for example, lost 250.82 points, or 2 percent, and closed at 12,57357 points yesterday.
Creations
The PowerShares QQQ (QQQ - News) was the most popular fund on Thursday, gathering more than $329 million. QQQ now has a little over $32 billion in assets.
The PowerShares S'P 500 Low Volatility Portfolio (SPLV - News) was the No. 2 fund on the creations list, attracting $231.9 million in new investment – perhaps a reflection of deepening investor nervousness about the stock market.
Rounding out the top three funds was the iShares MSCI Emerging Markets Index Fund (EEM - News), which pulled in $172.9 million in new investment.
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| QQQ | PowerShares QQQ | 329.12 | 32,103.55 | 1.04% |
| SPLV | PowerShares S'P 500 Low Volatility | 231.94 | 2,234.46 | 11.58% |
| EEM | iShares MSCI Emerging Markets | 172.85 | 33,566.50 | 0.52% |
| VONV | Vanguard Russell 1000 Value | 55.06 | 98.53 | 126.67% |
| RYH | Guggenheim S'P Equal Weight Health Care | 50.42 | 61.23 | 466.67% |
| SLV | iShares Silver Trust | 48.67 | 8,848.84 | 0.55% |
| VTI | Vanguard Total Stock Market | 48.28 | 20,747.48 | 0.23% |
| BND | Vanguard Total Bond Market | 45.48 | 17,395.18 | 0.26% |
| IGM | iShares S'P North American Technology | 44.89 | 439.29 | 11.38% |
| IBB | iShares NASDAQ Biotechnology | 44.26 | 1,972.78 | 2.30% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
| IWM | iShares Russell 2000 | -788.67 | 14,207.56 | -5.26% |
| XLE | Energy Select SPDR | -377.94 | 6,347.50 | -5.62% |
| SPY | SPDR S'P 500 | -238.45 | 102,038.99 | -0.23% |
| XLI | Industrial Select SPDR | -204.32 | 3,055.40 | -6.27% |
| DIA | SPDR Dow Jones Industrial Average Trust | -150.56 | 10,983.64 | -1.35% |
| OEF | iShares S'P 100 | -148.94 | 3,458.95 | -4.13% |
| XLV | Health Care Select SPDR | -138.83 | 4,367.25 | -3.08% |
| HDV | iShares High Dividend Equity | -92.74 | 1,628.68 | -5.39% |
| XLU | Utilities Select SPDR | -90.60 | 6,581.91 | -1.36% |
| IVV | iShares S'P 500 | -86.45 | 28,548.45 | -0.30% |
ETF Daily Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| U.S. Equity | -1,955.84 | 527,934.98 | -0.37% |
| International Equity | 306.90 | 257,678.04 | 0.12% |
| U.S. Fixed Income | 185.85 | 210,584.99 | 0.09% |
| International Fixed Income | 4.75 | 16,666.19 | 0.03% |
| Commodities | 64.81 | 104,601.21 | 0.06% |
| Currency | -27.96 | 2,963.70 | -0.94% |
| Leveraged | -32.24 | 12,212.54 | -0.26% |
| Inverse | -76.11 | 19,566.10 | -0.39% |
| Asset Allocation | 1.28 | 1,873.74 | 0.07% |
| Alternatives | -12.38 | 4,250.34 | -0.29% |
| Total: | -1,540.94 | 1,158,331.83 | -0.13% |
Top 10 Volume Surprises, Funds '$50 mm AUM
| Ticker | Name | Average Volume (30 Day) |
1-Day Volume | % of Average |
| VTWO | Vanguard Russell 2000 | 11,185 | 182,312 | 1,629.97% |
| IGM | iShares S'P North American Technology | 53,096 | 741,688 | 1,396.89% |
| SPLV | PowerShares S'P 500 Low Volatility | 1,698,418 | 12,884,525 | 758.62% |
| HDV | iShares High Dividend Equity | 390,286 | 2,683,143 | 687.48% |
| AIA | iShares S'P Asia 50 | 24,053 | 159,083 | 661.40% |
| IGV | iShares S'P North American Technology-Software | 86,752 | 558,640 | 643.95% |
| QQEW | First Trust NASDAQ-100 Equal Weighted | 53,947 | 329,757 | 611.26% |
| ITR | SPDR Barclays Capital U.S. Intermediate Term Corporate Bond | 45,254 | 271,210 | 599.31% |
| AFK | Market Vectors Africa | 44,108 | 263,459 | 597.31% |
| VNQI | Vanguard Global ex-U.S. Real Estate | 32,993 | 177,156 | 536.95% |
Top 10 1-Day Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded
| Ticker | Name | 1-Day Performance | 1-Day Volume | AUM ($, mm) |
| VIIX | VelocityShares VIX Short Term ETN | 11.39% | 599,578 | 82.28 |
| VIXY | ProShares VIX Short-Term | 11.36% | 1,405,673 | 149.89 |
| VXX | iPath S'P 500 VIX Short-Term Futures ETN | 11.11% | 66,491,008 | 1,810.89 |
| CVOL | C-Tracks Exchange-Traded Notes on the Citi Volatility | 10.73% | 48,213 | 9.14 |
| VXZ | iPath S'P 500 VIX Mid-Term Futures ETN | 5.41% | 349,529 | 259.85 |
| VIXM | ProShares VIX Mid-term | 5.28% | 27,758 | 91.20 |
| CAFE | iPath Pure Beta Coffee ETN | 4.08% | 2,200 | 1.47 |
| GAZ | iPath Dow Jones-UBS Natural Gas Total Return ETN | 3.76% | 204,649 | 35.01 |
| JO | iPath Dow Jones-UBS Coffee Total Return ETN | 3.64% | 22,786 | 24.63 |
| UNG | United States Natural Gas | 2.29% | 20,694,361 | 994.82 |
Bottom 10 1-Day Performers, Excluding Leverage/Inverse Funds and '1,000 Shares Traded
| Ticker | Name | 1-Day Performance | 1-Day Volume | AUM ($, mm) |
| GDXJ | Market Vectors Junior Gold Miners | -7.73% | 6,953,385 | 2,169.59 |
| SIL | Global X Silver Miners | -6.74% | 305,738 | 287.95 |
| BAL | iPath Dow Jones-UBS Cotton Total Return ETN | -6.56% | 15,550 | 28.99 |
| OLEM | iPath Pure Beta Crude Oil ETN | -6.37% | 3,685 | 17.02 |
| GLDX | Global X Gold Explorers | -6.03% | 36,668 | 28.93 |
| XES | SPDR S'P Oil ' Gas Equipment ' Services | -5.98% | 179,444 | 233.85 |
| GGGG | Global X PURE Gold Miners | -5.96% | 3,636 | 4.26 |
| PSAU | PowerShares Global Gold and Precious Metals Portfolio | -5.58% | 2,450 | 32.89 |
| CU | First Trust ISE Global Copper | -5.53% | 11,555 | 41.71 |
| PXJ | PowerShares Dynamic Oil ' Gas Services Portfolio | -5.44% | 140,055 | 119.07 |
Disclaimer:All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.
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