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ETF Fund Flows: IWM Pulls In $1.07 Billion
By Alex Ulam and Olly Ludwig | February 06, 2012

Related ETFs: EWG / IWM / MINT / SPY / VTI / SPLV

Investors poured $1.07 billion into the iShares Russell 2000 Index Fund (NYSEArca: IWM), making it the No. 1 fund on IndexUniverse’s “Top 10 Creations” list. Total ETF assets under management climbed to a record as stocks rose amid the highest trading volume in over a month following strong data on the U.S. job market.

Net flows were $1.22 billion, and total assets under management rose to a new record of $1.175 trillion, eclipsing the previous record of $1.164 trillion set on Thursday, Feb. 2.

The Dow Jones industrial average rose 156.82, or 1.23 percent, to close at 12,826.23, on news from the Department of Labor that the U.S. economy added 243,000 jobs in January and the unemployment rate fell to 8.3 percent from 8.5 percent. The S&P 500 rose 19.36 points, or 1.46 percent, to close at 1,344.90.

The No. 2 fund on IndexUniverse’s creations list was the PowerShares S&P 500 Low Volatility Portfolio (NYSEArca: SPLV), which had inflows of $369.1 million. The No. 3 fund on the list was the iShares MSCI Germany Index Fund (NYSEArca: EWG), which had inflows of $167.3 million.

With all the interest in stocks, U.S. fixed-income ETFs had inflows of $265.5 million.

Redemptions

The Vanguard Total Stock Market ETF (NYSEArca: VTI) had outflows of $889.5 million, making it the No. 1 fund on IndexUniverse’s “Top 10 Redemptions” list.

The Pimco Enhanced Short Maturity Strategy ETF (NYSEArca: MINT) was No. 2 on the redemptions list, with $289.0 million. The No. 3 fund on the list was the SPDR S&P 500 ETF (NYSEArca: SPY), which had outflows of $161.5 million.

Top 10 Creations (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
IWM iShares Russell 2000 1,074.33 17,637.30 6%
SPLV PowerShares S&P 500 Low Volatility 369.06 1,251.42 42%
EWG iShares MSCI Germany 167.33 2,877.99 6%
SCPB SPDR Barclays Capital Short Term Corporate Bond 157.82 570.58 38%
EEM iShares MSCI Emerging Markets 136.27 39,148.14 0%
JNK SPDR Barclays Capital High Yield Bond 121.71 10,844.40 1%
XLE Energy Select SPDR 98.28 7,561.74 1%
XLP Consumer Staples Select SPDR 76.35 4,987.86 2%
DEM WisdomTree Emerging Markets Equity Income 73.80 2,935.01 3%
TVIX VelocityShares Daily 2X VIX Short Term ETN 71.66 453.82 19%


Top 10 Redemptions (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
VTI Vanguard Total Stock Market -889.47 20,359.18 -4%
MINT PIMCO Enhanced Short Maturity Strategy -288.95 1,504.16 -16%
SPY SPDR S&P 500 -161.48 99,471.45 -0%
EWW iShares MSCI Mexico Investable Market -133.65 1,196.78 -10%
UST ProShares Ultra 7-10 Year Treasury -132.71 26.54 -83%
CSJ iShares Barclays 1-3 Year Credit Bond -114.98 9,209.09 -1%
IWB iShares Russell 1000 -89.68 6,639.76 -1%
TNA Direxion Daily Small Cap Bull 3x -75.72 946.50 -7%
XLI Industrial Select SPDR -72.66 3,673.09 -2%
MDY SPDR S&P MidCap 400 -70.63 10,740.75 -1%


ETF Daily Flows By Asset Class

Net Flows ($, mm) AUM ($, mm) % of AUM
U.S. Equity 604.88 528,431.80 0.11%
International Equity 507.98 287,955.63 0.18%
U.S. Fixed Income 265.52 186,558.72 0.14%
International Fixed Income -251.59 13,297.39 -1.89%
Commodities 139.70 116,689.28 0.12%
Currency 17.22 4,058.56 0.42%
Leveraged -128.39 13,894.85 -0.92%
Inverse 18.47 20,159.99 0.09%
Asset Allocation 3.88 1,044.99 0.37%
Alternatives 46.32 2,996.60 1.55%
Total: 1,223.98 1,175,087.79 0.10%


Top 10 Volume Surprises, Funds >$50 mm AUM

Ticker Name Average Volume
(30 Day)
1-Day Volume % of Average
ECH iShares MSCI Chile Investable Market 194,875 1,932,428 992%
PBS PowerShares Dynamic Media Portfolio 111,772 813,039 727%
TLO SPDR Barclays Capital Long Term Treasury 13,676 91,039 666%
VXF Vanguard Extended Market 97,742 504,168 516%
SCHO Schwab Short-Term U. S. Treasury 54,000 257,780 477%
GRI Cohen & Steers Global Realty Majors 11,314 53,026 469%
JKI iShares Morningstar Mid Value 3,713 17,043 459%
VGLT Vanguard Long-Term Government Bond 18,665 84,221 451%
EWU iShares MSCI United Kingdom 1,800,952 8,067,125 448%
EXI iShares S&P Global Industrials 30,221 135,006 447%


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

Ticker Name 1-Day Performance 1-Day Volume AUM ($, mm)
GAZ iPath Dow Jones-UBS Natural Gas Total Return ETN 11.64% 1,477,266 45.75
USV ETRACS CMCI Silver Total Return ETN 8.44% 4,400 7.62
UNG United States Natural Gas 7.13% 34,887,759 912.91
UNL United States 12 Month Natural Gas 5.65% 64,405 19.18
BRAF Global X Brazil Financials 5.30% 1,800 6.47
NAGS Teucrium Natural Gas Fund 4.70% 2,549 1.25
PTM ETRACS CMCI Long Platinum Total Return ETN 3.71% 30,071 42.56
VNM Market Vectors Vietnam 3.55% 169,849 242.50
EEME iShares MSCI Emerging Markets EMEA Index 3.53% 1,300 5.61
FUE ELEMENTS MLCX Biofuels Total Return ETN 3.30% 1,600 2.10

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% 8,947 3.10
DCNG iPath Pure Beta Seasonal Natural Gas ETN -5.49% 1,250 2.37
JFT KEYnotes Exchange Traded Notes First Trust Enhanced 130/30 Large Cap ETN -4.19% 1,300 3.48
VIXY ProShares VIX Short-Term -3.17% 281,515 35.48
VXX iPath S&P 500 VIX Short-Term Futures ETN -3.05% 24,559,699 757.63
VIIX VelocityShares VIX Short Term ETN -2.56% 16,855 23.17
STPP iPath U.S. Treasury Steepener ETN -2.25% 53,412 4.43
CRUD Teucrium WTI Crude Oil -2.22% 2,165 4.50
GWO ELEMENTS Credit Suisse Global Warming ETN -2.00% 2,749 2.78
CPER United States Copper -1.77% 3,222 2.77

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.