Equity Fund Net Outflow Result Of ETF Redemptions: Lipper

By
Devon Layne
April 27, 2012
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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 DAILY DATA

International equity funds like 'HEDJ' and 'EFAV' added assets on Thursday, Jan. 29, as total U.S.-listed ETF assets rose above $2 trillion.

'SPY,' 'XLF,' 'XLI' and 'BIL' paced SSgA's issuer-leading outflows on Thursday Jan. 29, as total U.S.-listed ETF assets rose above $2 trillion.

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