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On The Fly: ETF fund flow highlights.

For the holiday-shortened week ETF fund flows were skewed heavily to the redemptions side by a factor of over 3.1 to 1 and there was much higher dollar volume than in prior months per data from ETF.com. The single largest outflow was from the iShares Core S&P 500 ETF (IVV) at over 48% of redemptions. S&P 500 index and sector ETFs in aggregate accounted for over 68% of outflows. Skews on the inflows side were much smaller, with the Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) topping the list of creations. In this week there was far less of a theme on inflows, with a variety of equity and bond ETFs. This was the first week in which bond funds were not dominant in several months.

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Publication:The Fly
Date:Jul 5, 2019
Words:130
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