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ETF Fund Flows: IWM Pulls In $424.2 Million
By Dave Nadig and Olivier Ludwig | February 10, 2012

Related ETFs: FXY / EEM / IWM / QQQ / SPY / VCLT

Investors poured $424.2 million into the iShares Russell 2000 Index Fund (NYSEArca: IWM), making it the No. 1 fund on IndexUniverse’s “Top 10 Creations" list and helping to lift total U.S.-listed ETF assets to a record high. Stocks rose sharply on news of a Greek austerity deal and a dip in U.S. jobless claims.

Net inflows were $915.3 million and total assets under management rose to a record of more than $1.184 trillion, eclipsing the previous record of $1.183 trillion set on Wednesday, Feb. 8.

The Dow Jones industrial average was up by 6.51 points, or 0.1 percent, to close at 12,890.46, the Dow’s highest close since May 2008. Announcement of the Greek austerity deal appeared to resolve an issue that has bedeviled markets for the last several months.

The No. 2 fund on IndexUniverse’s creations list was the iShares MSCI Emerging Markets Index Fund (NYSEArca: EEM), which had inflows of $275.8 million. The No. 3 fund on the list was the Vanguard Long-Term Corporate Bond Fund ETF (NYSEArca: VCLT), which had inflows of $111.8 million.

Riding the allure of funds such as EEM, international equity was yesterday’s most popular asset class, pulling in $565.6 million in new money. The second-most-popular asset class was U.S. fixed income, which hauled in $344.7 million in fresh assets.

Redemptions

The No. 1 fund on IndexUniverse’s “Top 10 Redemptions” list was the SPDR S&P 500 ETF (NYSEArca: SPY), which had outflows of $446.6 million.

The No. 2 fund on the redemptions list was the CurrencyShares Japanese Yen Trust (NYSEArca: FXY), which had outflows of $108.2 million. The No. 3 fund on the list was the PowerShares QQQ Trust (NasdaqGM: QQQ), which had outflows of $88.1 million.

Top 10 Creations (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
IWM iShares Russell 2000 424.15 17,740.34 2%
EEM iShares MSCI Emerging Markets 275.81 40,190.04 1%
VCLT Vanguard Long-Term Corporate Bond 111.83 602.14 23%
JNK SPDR Barclays Capital High Yield Bond 94.63 11,234.40 1%
HYG iShares iBoxx $ High Yield Corporate Bond 90.23 13,678.87 1%
BND Vanguard Total Bond Market 75.03 14,881.55 1%
LQD iShares iBoxx $ Investment Grade Corporate Bond 69.32 18,877.60 0%
GLD SPDR Gold 67.95 71,808.28 0%
FAS Direxion Daily Financial Bull 3x 67.88 1,548.63 5%
DEM WisdomTree Emerging Markets Equity Income 63.03 3,088.47 2%


Top 10 Redemptions (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
SPY SPDR S&P 500 -446.59 99,417.48 -0%
FXY CurrencyShares Japanese Yen -108.21 254.60 -30%
QQQ PowerShares QQQ -88.05 33,026.68 -0%
IEF iShares Barclays 7-10 Year Treasury Bond -73.23 4,812.06 -1%
GDX Market Vectors Gold Miners -60.95 9,056.76 -1%
MDY SPDR S&P MidCap 400 -58.51 10,824.78 -1%
XRT SPDR S&P Retail -54.71 691.08 -7%
DIA SPDR Dow Jones Industrial Average Trust -51.51 11,684.59 -0%
TLT iShares Barclays 20+ Year Treasury Bond -46.18 3,174.60 -1%
XLB Materials Select SPDR -35.82 2,225.64 -2%


ETF Daily Flows By Asset Class

Net Flows ($, mm) AUM ($, mm) % of AUM
U.S. Equity -154.04 531,922.80 -0.03%
International Equity 565.59 292,225.37 0.19%
U.S. Fixed Income 344.68 187,226.76 0.18%
International Fixed Income 52.16 13,461.16 0.39%
Commodities 126.98 117,907.75 0.11%
Currency -110.38 3,747.84 -2.95%
Leveraged 38.08 13,838.19 0.28%
Inverse 79.40 20,003.72 0.40%
Asset Allocation - 1,048.56 0.00%
Alternatives -27.13 3,162.86 -0.86%
Total: 915.34 1,184,545.00 0.08%


Top 10 Volume Surprises, Funds >$50 mm AUM

Ticker Name Average Volume
(30 Day)		 1-Day Volume % of Average
PHB PowerShares Fundamental High Yield Corporate Bond Portfolio 784,370 7,212,819 920%
RYT Rydex S&P Equal Weight Technology 12,134 94,038 775%
GSY Guggenheim Enhanced Short Duration Bond ETF 97,842 733,712 750%
PSQ ProShares Short QQQ 616,981 4,062,603 658%
COW iPath Dow Jones-UBS Livestock Total Return ETN 40,674 235,420 579%
DTYS iPath U.S. Treasury 10-Year Bear ETN 45,137 235,565 522%
PGJ PowerShares Golden Dragon Halter USX China Portfolio 47,698 222,297 466%
PCEF PowerShares CEF Income Composite Portfolio 89,728 367,240 409%
ITE SPDR Barclays Capital Intermediate Term Treasury 25,221 101,967 404%
TAN Guggenheim Solar 947,300 3,824,814 404%


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

Ticker Name 1-Day Performance 1-Day Volume AUM ($, mm)
TAN Guggenheim Solar 8.05% 3,824,814 106.58
KWT Market Vectors Solar Energy 7.98% 145,113 18.02
VIXY ProShares VIX Short-Term 4.89% 152,879 46.58
VXX iPath S&P 500 VIX Short-Term Futures ETN 4.86% 28,231,677 935.71
VIIX VelocityShares VIX Short Term ETN 4.82% 16,355 25.06
ICLN iShares S&P Global Clean Energy 3.71% 30,091 38.41
AXJS iShares MSCI All Country Asia ex Japan Small Cap 3.60% 1,200 11.63
GEX Market Vectors Global Alternative Energy 3.24% 26,698 70.03
GERJ Market Vectors Germany Small-Cap 3.13% 1,095 3.14
QCLN First Trust NASDAQ Clean Edge Green Energy 2.90% 7,171 22.14

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% 3,300 3.02
BAL iPath Dow Jones-UBS Cotton Total Return ETN -3.46% 27,636 44.01
JO iPath Dow Jones-UBS Coffee Total Return ETN -2.73% 36,586 23.06
PXN PowerShares Lux Nanotech Portfolio -2.05% 8,894 23.49
WEAT Teucrium Wheat -2.00% 3,860 2.16
NIB iPath Dow Jones-UBS Cocoa Total Return ETN -1.89% 23,808 18.78
PSCC PowerShares S&P SmallCap Consumer Staples -1.71% 1,306 19.31
LIT Global X Lithium -1.67% 43,171 102.16
EDV Vanguard Extended Duration Treasury -1.67% 60,962 185.15
CVRT PowerShares Convertible Securities Portfolio -1.60% 32,800 9.54

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.