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ETF Fund Flows: SPY Nets $520.9 Million
By Dave Nadig and Olivier Ludwig | January 27, 2012

Related ETFs: HYG / EEM / IWM / UUP / DIA / SPY

Investors poured $520.9 million into the SPDR S&P 500 ETF (NYSEArca: SPY), the leading edge of net inflows that lifted U.S.-listed ETF assets to a record. The inflows were enough to offset losses in a stock market ignoring encouraging earnings reports and focusing on disappointing housing news.

Net flows were $3.05 billion and total assets under management rose to a record $1.150 trillion, eclipsing the previous record of $1.141 trillion set on Wednesday, Jan. 25, according to data compiled by IndexUniverse.

The Dow Jones industrial average fell 22.33 points, or 0.18 percent, to close at 12,734.63. Stocks fell in part on the first drop in new single-family home sales in four months. The S&P 500 was down 7.62 points, or 0.57 percent, to close at 1,318.43.

The No. 2 fund on IndexUniverse’s “Top 10 Creations” list was the iShares MSCI Emerging Markets Index Fund (NYSEArca: EEM), which had inflows of $339.6 million. The No. 3 fund on the list was the iShares iBoxx $ High Yield Corporate Bond Fund (NYSEArca: HYG), which had inflows of $296.8 million.

Bonds had a strong showing on Thursday. U.S.-focused fixed-income ETFs had inflows of $601.2 million.

Redemptions

The No. 1 fund on IndexUniverse’s “Top 10 Redemptions” list was the iShares Russell 2000 Index Fund (NYSEArca: IWM), which had outflows of $466.8 million.

The No. 2 fund on the redemptions list was the SPDR Dow Jones Industrial Average Trust (NYSEArca: DIA), which had outflows of $108.0 million. The No. 3 fund on the list was the PowerShares DB US Dollar Index Bullish Fund (NYSEArca: UUP), which had outflows of 97.5 million.

Top 10 Creations (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
SPY SPDR S&P 500 520.85 100,791.15 1%
EEM iShares MSCI Emerging Markets 339.63 36,812.44 1%
HYG iShares iBoxx $ High Yield Corporate Bond 296.80 13,041.30 2%
GDX Market Vectors Gold Miners 245.48 9,146.77 3%
XLK Technology Select SPDR 215.12 8,329.45 3%
VWO Vanguard MSCI Emerging Markets 202.32 49,243.85 0%
MDY SPDR S&P MidCap 400 170.39 10,070.05 2%
JNK SPDR Barclays Capital High Yield Bond 117.81 10,348.43 1%
XLU Utilities Select SPDR 117.75 6,916.47 2%
TZA Direxion Daily Small Cap Bear 3x 109.85 970.73 13%


Top 10 Redemptions (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
IWM iShares Russell 2000 -466.81 15,717.19 -3%
DIA SPDR Dow Jones Industrial Average Trust -108.00 12,069.43 -1%
UUP PowerShares DB US Dollar Index Bullish -97.46 1,692.26 -5%
LQD iShares iBoxx $ Investment Grade Corporate Bond -45.81 18,244.63 -0%
QQQ PowerShares QQQ -39.12 30,333.73 -0%
IWV iShares Russell 3000 -35.20 3,281.33 -1%
SPLV PowerShares S&P 500 Low Volatility -29.88 1,019.72 -3%
XLP Consumer Staples Select SPDR -27.57 4,925.14 -1%
UNG United States Natural Gas -27.12 952.59 -3%
ERX Direxion Daily Energy Bull 3x -25.53 352.31 -7%


ETF Daily Flows By Asset Class

Net Flows ($, mm) AUM ($, mm) % of AUM
U.S. Equity 1,138.31 517,327.97 0.22%
International Equity 976.14 277,426.66 0.35%
U.S. Fixed Income 601.18 185,084.30 0.32%
International Fixed Income 17.17 13,123.52 0.13%
Commodities 37.00 114,965.19 0.03%
Currency 24.12 4,173.74 0.58%
Leveraged -19.13 13,156.04 -0.15%
Inverse 230.73 21,102.96 1.09%
Asset Allocation 3.05 1,007.22 0.30%
Alternatives 38.86 2,829.16 1.37%
Total: 3,047.42 1,150,196.77 0.26%


Top 10 Volume Surprises, Funds >$50 mm AUM

Ticker Name Average Volume
(30 Day)		 1-Day Volume % of Average
DTYS iPath U.S. Treasury 10-Year Bear ETN 33,297 434,667 1305%
CLY iShares 10+ Year Credit Bond 107,417 1,068,416 995%
EUSA iShares MSCI USA 25,549 219,036 857%
AXJL WisdomTree Asia-Pacific ex-Japan 8,228 66,256 805%
EQIN Russell Equity Income 6,408 41,563 649%
SCHE Schwab Emerging Markets Equity 320,062 2,025,553 633%
TRND RBS US Large Cap Trendpilot ETN 18,529 116,367 628%
GMF SPDR S&P Emerging Asia Pacific 75,605 441,173 584%
AIA iShares S&P Asia 50 33,256 172,817 520%
EWI iShares MSCI Italy 312,199 1,575,258 505%


Top 10 1-Day Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded

Ticker Name 1-Day Performance 1-Day Volume AUM ($, mm)
JJT iPath Dow Jones-UBS Tin Total Return ETN 8.53% 2,018 8.31
CHOC iPath Pure Beta Cocoa ETN 5.48% 6,096 2.69
GREK Global X FTSE Greece 20 5.09% 2,000 2.58
EU WisdomTree Euro Debt 4.27% 2,228 4.88
EGPT Market Vectors Egypt 3.74% 106,897 44.31
PTM ETRACS CMCI Long Platinum Total Return ETN 3.15% 39,704 39.98
EAPS Pax MSCI EAFE ESG 2.98% 4,480 4.45
RTL iShares FTSE NAREIT Retail Capped 2.96% 8,549 9.33
CHIM Global X China Materials 2.90% 4,060 2.95
FXRU CurrencyShares Russian Ruble 2.76% 1,125 4.97

Bottom 10 1-Day Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded

Ticker Name 1-Day Performance 1-Day Volume AUM ($, mm)
TSXV Global X S&P TSX Venture 30 Canada -7.68% 3,350 2.83
UNG United States Natural Gas -5.23% 42,910,057 952.59
GAZ iPath Dow Jones-UBS Natural Gas Total Return ETN -4.86% 263,127 47.97
NAGS Teucrium Natural Gas Fund -3.92% 5,510 1.25
UNL United States 12 Month Natural Gas -3.65% 35,411 19.36
FCG First Trust ISE-Revere Natural Gas -3.33% 593,099 339.15
QABA First Trust NASDAQ ABA Community Bank -3.09% 5,738 13.15
XES SPDR S&P Oil & Gas Equipment & Services -3.07% 173,068 347.49
XOP SPDR S&P Oil & Gas Exploration & Production -3.07% 4,009,636 1,036.94
FXN First Trust Energy AlphaDEX -3.03% 33,192 90.32

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.