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ETF Fund Flows: GLD Adds $166.5 Million
By Dave Nadig and Olivier Ludwig | February 17, 2012

Related ETFs: LQD / EFA / IVV / QQQ / GLD / SPY

Investors plowed $166.5 million into the SPDR Gold Shares (NYSEArca: GLD) ETF, making it the No. 1 fund on IndexUniverse’s “Top 10 Creations” list. Stocks surged and the Dow ended at its highest level since 2008 on hopes Greece’s bailout would go forward and encouraging news about the U.S. job market.

Net outflows were $442.20 million. However, due to the market’s rise, total assets under management rose to $1.182 trillion from $1.777 trillion on Wednesday, Feb. 15, according to data compiled by IndexUniverse.

The Dow Jones industrial average rose 123.13 points, or 0.96 percent, to close at 12,904.08, in part because weekly first-time jobless claims fell to their lowest level since March 2008, and on optimism eurozone policymakers were close to finalizing a second bailout package for Greece. The S&P 500 gained 14.81 points, or 1.1 percent, to close at 1,358.04.

The No. 2 fund on IndexUniverse’s creations list was the iShares S&P 500 Index Fund (NYSEArca: IVV), which had inflows of $150.2 million. The No. 3 fund was the iShares iBoxx $ Investment Grade Corporate Bond Fund (NYSEArca: LQD), which had inflows of $127.0 million.

In terms of asset classes, U.S.-listed bond funds pulled in $196.4 million even as Treasurys sold off in yesterday's stock market rally. Commodities funds added $160.7 million in fresh assets. But U.S.-listed equities funds bled $792.1 million in assets.

Redemptions

That move out of equities was led by the SPDR S&P 500 ETF (NYSEArca: SPY), which had outflows of $823.1 million, making it No. 1 on IndexUniverse’s “Top 10 Redemptions” list.

The No. 2 fund on the redemptions list was the PowerShares QQQ Trust (NasdaqGM: QQQ), which had outflows of $286.4 million. No. 3 on the list was the iShares MSCI EAFE Index Fund (NYSEArca: EFA), which had outflows of $160.8 million.

Top 10 Creations (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
GLD SPDR Gold 166.47 70,549.99 0%
IVV iShares S&P 500 150.18 29,019.45 1%
LQD iShares iBoxx $ Investment Grade Corporate Bond 127.02 19,110.29 1%
IWM iShares Russell 2000 124.32 17,864.78 1%
OIH Market Vectors Oil Services 123.41 1,145.72 12%
IYR iShares Dow Jones U.S. Real Estate 122.16 3,680.07 3%
IWP iShares Russell Mid Cap Growth 114.64 3,368.07 4%
VIG Vanguard Dividend Appreciation 80.35 10,128.19 1%
JNK SPDR Barclays Capital High Yield Bond 62.82 11,629.60 1%
IWO iShares Russell 2000 Growth 62.02 4,093.52 2%


Top 10 Redemptions (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
SPY SPDR S&P 500 -823.10 98,136.95 -1%
QQQ PowerShares QQQ -286.43 32,907.05 -1%
EFA iShares MSCI EAFE -160.83 38,406.20 -0%
DIA SPDR Dow Jones Industrial Average Trust -116.18 11,423.17 -1%
XLF Financial Select SPDR -113.93 6,597.36 -2%
IEF iShares Barclays 7-10 Year Treasury Bond -94.46 4,649.73 -2%
XRT SPDR S&P Retail -81.63 559.78 -13%
EWJ iShares MSCI Japan -70.63 4,914.81 -1%
VB Vanguard Small-Cap -70.48 4,225.61 -2%
XLU Utilities Select SPDR -66.63 6,458.84 -1%


ETF Daily Flows By Asset Class

Net Flows ($, mm) AUM ($, mm) % of AUM
U.S. Equity -792.11 531,561.86 -0.15%
International Equity 34.77 290,477.56 0.01%
U.S. Fixed Income 196.39 188,785.81 0.10%
International Fixed Income 62.97 13,508.19 0.47%
Commodities 160.74 116,017.99 0.14%
Currency 3.73 3,789.12 0.10%
Leveraged -84.52 14,003.92 -0.60%
Inverse 13.58 20,000.21 0.07%
Asset Allocation 3.34 1,059.68 0.32%
Alternatives -41.10 3,380.39 -1.22%
Total: -442.20 1,182,584.74 -0.04%


Top 10 Volume Surprises, Funds >$50 mm AUM

Ticker Name Average Volume
(30 Day)		 1-Day Volume % of Average
SCHR Schwab Intermediate-Term U.S. Treasury 48,779 584,237 1198%
ICI iPath Optimized Currency Carry ETN 47,848 452,433 946%
DTYS iPath U.S. Treasury 10-Year Bear ETN 62,051 578,754 933%
MLPN Credit Suisse Cushing 30 MLP ETN 86,303 756,571 877%
PIZ PowerShares DWA Developed Markets Technical Leaders Portfolio 31,295 248,293 793%
JKL iShares Morningstar Small Value 10,743 78,362 729%
CSMA Credit Suisse Merger Arbitrage Liquid ETN 11,736 73,658 628%
CVY Guggenheim Multi-Asset Income 418,318 2,304,159 551%
DXJ WisdomTree Japan Hedged Equity Fund 148,699 810,577 545%
AOA iShares S&P Aggressive Allocation 14,343 63,197 441%


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 6.27% 500,086 46.73
URA Global X Uranium 4.94% 468,270 192.59
UNG United States Natural Gas 3.66% 22,795,501 933.55
GREK Global X FTSE Greece 20 3.31% 6,095 1.79
CVRT PowerShares Convertible Securities Portfolio 3.09% 7,610 9.56
XME SPDR S&P Metals and Mining 3.06% 3,993,227 790.16
RRF WisdomTree Global Real Return 3.06% 2,721 4.88
EWN iShares MSCI Netherlands Investable Market 3.00% 63,132 65.84
PJB PowerShares Dynamic Banking Portfolio 2.95% 1,621 13.08
QCLN First Trust NASDAQ Clean Edge Green Energy 2.86% 2,517 21.46

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% 8,364 2.96
USV ETRACS CMCI Silver Total Return ETN -4.29% 3,500 7.21
VIIX VelocityShares VIX Short Term ETN -4.04% 60,750 25.99
VXX iPath S&P 500 VIX Short-Term Futures ETN -3.85% 42,133,643 1,037.83
VIXY ProShares VIX Short-Term -3.75% 653,230 67.04
JJU iPath Dow Jones-UBS Aluminum Total Return ETN -3.71% 158,380 9.43
XGC Guggenheim International Small Cap LDRs -3.26% 1,237 5.59
TDV db-X 2040 Target Date -2.24% 1,555 29.75
GCE Claymore CEF -Linked GS Connect ETN -2.23% 11,100 3.34
JYF WisdomTree Dreyfus Japanese Yen -1.96% 7,853 19.81

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.