Equity Fund Net Outflow Result Of ETF Redemptions: Lipper

By
April 27, 2012
Share:

Related ETFs

Ticker Fund name
SPYSPDR S&P 500
Related ETF Lists
Large Cap ETFs

 

Investors pulled back from equity funds again this week. The $2.3 billion outflow of assets seen this week marked the fifth straight week of net selling for U.S. equities even as the S&P 500 index saw a 0.40 percent increase, according to an article published by Reuters.

The largest outflow in equities was due to the $1.12 billion bleed out of State Street Global Advisors’ SPDR S&P 500 ETF (NYSEArca: SPY); however—excluding ETFs—equity funds pulled in a total of $289 million, the article said.

Go to Reuters.com to read the full story.

ETF.COM CHANNELS

Want to learn more about smart-beta ETFs? Check out our smart-beta guide, essentials library and ETF screener!

ETF DAILY DATA

REIT fund 'VNQ' topped net creations Thursday, July 30, with inflows of $313 million. The least popular ETF of the day was small-cap 'IWM', which lost about 1.6% of its total assets.

'SPY' and 'DIA' paced State Street's issuer-leading inflows Thursday, July 30. Total U.S.-listed ETF assets ended the day at $2.141 trillion.

ETF.COM ANALYST BLOGS

By Matt Hougan

The median ETF tracks its index perfectly excluding expenses. But different firms and funds perform quite differently.

By Paul Britt

Toss and turn about whether to hedge currency risk, but don’t lose sleep over the derivatives themselves.

By Dave Nadig

With the China A-share market half-broken, ETF investors should be very, very cautious.

By Drew Voros

Price depreciation and continued outflows have made for a tough few years.

ETF INDUSTRY PERSPECTIVE

By Invesco PowerShares

A more in-depth look at the smart-beta survey's results.

By Invesco PowerShares

Smart beta appears to be poised for further growth.