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ETF Fund Flows: $445 Million Exits IWM
By Dave Nadig and Olivier Ludwig | August 31, 2010

Related ETFs: SHV / TIP / IWM / IWP / IVV / XRT / SPY

Investors yanked a total of $445.8 million out of the small-cap equities Russell 2000 ETF (NYSEArca: IWM) Monday, on a day stocks lost ground amid ongoing concerns that economic growth is stalling out, according to data compiled by IndexUniverse.com.

Also noteworthy were outflows of $32.3 million from the iShares Barclays TIPS Bond (NYSEArca: TIP), a suggestion that investors are shedding inflation protection as they brace for the possibility of growing deflationary pressures. TIP was fourth on the IndexUniverse.com redemptions list.

Second and third on the redemptions list were iShares Barclays Short Treasury Bond (NYSEArca: SHV) and the iShares Russell Mid Cap Growth (NYSEArca: IWP), which saw outflows of $77.2 million and $67.0 million, respectively.

Creations

Investors plowed $658.3 million into the SPDR S&P 500 ETF (NYSEArca: SPY) yesterday, as the heavily traded ETF again topped the creations list.

The SPDR S&P Retail ETF (NYSEArca: XRT) was second on the inflows list, gathering $293.9 million and nearly tripling assets to $465.3 million.

Rounding out the top three was the iShares S&P 500 ETF (NYSEArca: IVV), which added $253.7 million in new assets.

The Dow Jones industrial average fell yesterday 140.92 points, or 1.4 percent, to 10,009.73 on the lowest trading volume of the year, as investors continued to be swayed by recent weak economic data.

Top 10 Creations (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
SPY SPDR S&P 500 658.34 65,932.55 1%
XRT SPDR S&P Retail 293.93 465.25 172%
IVV iShares S&P 500 253.68 20,896.71 1%
QQQQ PowerShares QQQ 222.38 15,811.06 1%
MDY SPDR S&P MidCap 400 206.59 8,617.91 2%
SHY iShares Barclays 1-3 Year Treasury Bond 168.56 8,874.84 2%
XLP Consumer Staples Select Sector SPDR 123.07 3,160.57 4%
VB Vanguard Small-Cap 113.42 3,468.02 3%
VBK Vanguard Small-Cap Growth 64.87 1,261.90 5%
XOP SPDR S&P Oil & Gas Exploration & Production 60.06 424.27 16%


Top 10 Redemptions (All ETFs)

Ticker Name Net Flows ($,mm) AUM ($, mm) AUM % Change
IWM iShares Russell 2000 -445.77 12,313.02 -3%
SHV iShares Barclays Short Treasury Bond -77.15 3,780.33 -2%
IWP iShares Russell Mid Cap Growth -66.98 2,464.82 -3%
TIP iShares Barclays TIPS Bond -32.34 20,547.63 0%
EWT iShares MSCI Taiwan -27.24 2,776.22 -1%
IWO iShares Russell 2000 Growth -23.04 2,745.43 -1%
MBB iShares Barclays MBS Bond -10.96 2,059.55 -1%
XLB Materials Select Sector SPDR -10.83 1,808.85 -1%
KRE SPDR KBW Regional Banking -10.46 489.75 -2%
IGN iShares S&P North American Technology-Multimedia Networking -7.79 155.72 -5%

Top 10 Volume Surprises, Funds >$50 mm AUM

Ticker Name Average Volume
(30 Day)		 1-Day Volume % of Average
IWP iShares Russell Mid Cap Growth 647,086 3,541,485 547%
FNI First Trust ISE Chindia 45,714 224,013 490%
JKG iShares Morningstar Mid Core 8,938 41,292 462%
DKA WisdomTree International Energy Sector 9,250 41,051 444%
PSJ PowerShares Dynamic Software Portfolio 28,759 119,023 414%
DSV SPDR Dow Jones Small Cap Value 18,970 65,105 343%
ICLN iShares S&P Global Clean Energy 14,694 49,991 340%
IGV iShares S&P North American Technology-Software 95,306 322,450 338%
AOR iShares S&P Growth Allocation 7,890 25,678 325%
IGN iShares S&P North American Technology-Multimedia Networking 151,358 473,120 313%


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 Subindex Total Return ETN 3.17% 61,583 131.30
VXX iPath S&P 500 VIX Short-Term Futures ETN 3.16% 15,815,111 1,959.82
UNL United States 12 Month Natural Gas , LP 3.01% 10,636 36.30
UNG United States Natural Gas 2.56% 19,428,244 2,368.91
JJN iPath Dow Jones-UBS Nickel Subindex Total Return ETN 2.40% 6,220 15.19
YCL ProShares Ultra Yen 2.19% 5,300 6.23
FUD UBS E-TRACS CMCI Food Total Return ETN 2.02% 5,260 6.80
VXZ iPath S&P 500 VIX Mid-Term Futures ETN 1.80% 273,101 756.99
BAL iPath Dow Jones-UBS Cotton Subindex Total Return ETN 1.61% 2,871 12.62
PTO PowerShares Ibbotson Alternative Completion Portfolio 1.38% 4,000 10.19

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

Ticker Name 1-Day Performance 1-Day Volume AUM ($, mm)
PALL ETFS Physical Palladium -1.71% 46,745 378.30
OIL iPath Dow Jones-UBS Crude Oil Subindex Total Return ETN -1.65% 310,462 604.24
USO United States Oil -1.64% 6,077,794 1,904.84
DBV PowerShares DB G10 Currency Harvest -1.56% 73,455 354.86
AOA iShares S&P Aggressive Allocation -1.53% 4,834 43.29
GSG iShares S&P GSCI Commodity-Indexed -1.43% 227,780 1,512.50
CSM ProShares Credit Suisse 130/30 -1.35% 14,335 49.77
UHN United States Heating Oil -1.32% 1,050 7.41
TDV TDX Independence 2040 -1.27% 2,632 31.00
ULE ProShares Ultra Euro -1.27% 8,980 12.79

Disclaimer: All data as of 6 a.m. Eastern following the day noted in the headline. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.