QQQ Attracts $2.4B in Assets as S&P 500 Hits 6,000
- QQQ led ETF inflows as the strong jobs report lifted markets.
- SPY saw outflows while SPLG and IVV attracted asset flows.
The Invesco QQQ Trust (QQQ) pulled in $2.4 billion on Friday, boosting its assets under management to over $338 billion, according to data provided by FactSet. The inflows came as the S&P 500 surged 1% to touch 6,000 for the first time since February after nonfarm payrolls rose 139,000 in May, beating the 125,000 forecast.
The SPDR Portfolio S&P 500 ETF (SPLG) attracted $707.9 million, while the iShares Core S&P 500 ETF (IVV) gained $506.4 million. The Communication Services Select Sector SPDR Fund (XLC) collected $199.7 million, and the iShares MSCI South Korea ETF (EWY) pulled in $194.4 million.
The SPDR S&P 500 ETF Trust (SPY) saw outflows of $2.6 billion despite the market rally. The iShares Russell 2000 ETF (IWM) lost $719.3 million, while the iShares 20+ Year Treasury Bond ETF (TLT) experienced outflows of $639.5 million.
U.S. fixed-income ETFs collected $93.7 million in net inflows, while international fixed-income ETFs gained $643.8 million. International equity ETFs attracted $567.2 million, and commodities ETFs pulled in $93.4 million. Overall, ETFs gained $867.6 million for the day.
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change |
| QQQ | Invesco QQQ Trust Series I | 2,413.30 | 338,098.45 | 0.71% |
| SPLG | SPDR Portfolio S&P 500 ETF | 707.92 | 68,556.62 | 1.03% |
| IVV | iShares Core S&P 500 ETF | 506.43 | 585,200.21 | 0.09% |
| XLC | Communication Services Select Sector SPDR Fund | 199.71 | 22,546.69 | 0.89% |
| SGOV | iShares 0-3 Month Treasury Bond ETF | 195.79 | 48,340.78 | 0.41% |
| AGG | iShares Core U.S. Aggregate Bond ETF | 195.57 | 125,516.57 | 0.16% |
| EWY | iShares MSCI South Korea ETF | 194.35 | 3,725.06 | 5.22% |
| SOXS | Direxion Daily Semiconductor Bear 3x Shares | 192.30 | 1,239.05 | 15.52% |
| QQQM | Invesco NASDAQ 100 ETF | 185.77 | 49,210.71 | 0.38% |
| BWZ | SPDR Bloomberg Short Term International Treasury Bond ETF | 149.28 | 497.62 | 30.00% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change |
| SPY | SPDR S&P 500 ETF Trust | -2,549.65 | 603,603.42 | -0.42% |
| IWM | iShares Russell 2000 ETF | -719.29 | 61,129.39 | -1.18% |
| TLT | iShares 20+ Year Treasury Bond ETF | -639.47 | 49,213.59 | -1.30% |
| RSP | Invesco S&P 500 Equal Weight ETF | -419.90 | 70,979.92 | -0.59% |
| LQD | iShares iBoxx $ Investment Grade Corporate Bond ETF | -419.44 | 29,790.99 | -1.41% |
| TQQQ | ProShares UltraPro QQQ | -292.10 | 24,424.96 | -1.20% |
| XLF | Financial Select Sector SPDR Fund | -278.62 | 48,781.08 | -0.57% |
| SMH | VanEck Semiconductor ETF | -226.14 | 23,402.96 | -0.97% |
| SOXL | Direxion Daily Semiconductor Bull 3x Shares | -209.89 | 11,811.12 | -1.78% |
| JEPQ | JPMorgan NASDAQ Equity Premium Income ETF | -174.06 | 26,169.77 | -0.67% |
ETF Daily Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| Alternatives | -1.74 | 10,017.55 | -0.02% |
| Asset Allocation | -10.63 | 24,953.68 | -0.04% |
| Commodities ETFs | 93.38 | 217,648.75 | 0.04% |
| Currency | -235.21 | 138,757.69 | -0.17% |
| International Equity | 567.15 | 1,811,464.90 | 0.03% |
| International Fixed Income | 643.79 | 293,245.40 | 0.22% |
| Inverse | 254.60 | 15,135.29 | 1.68% |
| Leveraged | -590.19 | 118,340.82 | -0.50% |
| US Equity | 52.73 | 6,824,072.08 | 0.00% |
| US Fixed Income | 93.71 | 1,666,330.59 | 0.01% |
| Total: | 867.60 | 11,119,966.76 | 0.01% |
Disclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data are believed to be accurate; however, transient market data are often subject to subsequent revision and correction by the exchanges.
