RECS Adds $612M in Asset as Dow Jumps 400 Points
- RECS saw inflows as the Dow climbed and the S&P 500 slipped.
- IVV and QQQ gained, while BIL and TLT saw outflows.
The Columbia Research Enhanced Core ETF (RECS) pulled in $611.8 million Tuesday, bringing its assets under management to $3.6 billion, according to data provided by FactSet. The inflows came as the Dow Jones Industrial Average climbed 400 points and the S&P 500 slipped 0.1%.
The iShares Core S&P 500 ETF (IVV) led inflows despite that slip, attracting $993.8 million, while the Invesco QQQ Trust (QQQ) collected $469 million as the Nasdaq fell 0.8%. The iShares Russell 2000 ETF (IWM) pulled in $442.5 million, and the Financial Select Sector SPDR Fund (XLF) gained $353.6 million.
The SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) saw outflows of just over $610 million, while the iShares 20+ Year Treasury Bond ETF (TLT) lost $538.1 million. The iShares 0-3 Month Treasury Bond ETF (SGOV) experienced outflows of $528.7 million as bond yields remained under pressure.
U.S. equity ETFs gained $2.8 billion amid mixed market performance, while U.S. fixed-income ETFs lost $2.5 billion. International equity ETFs attracted $649.8 million. Overall, ETFs gained $1.2 billion for the day.
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change |
| IVV | iShares Core S&P 500 ETF | 993.76 | 623,802.70 | 0.16% |
| RECS | Columbia Research Enhanced Core ETF | 611.80 | 3,649.64 | 16.76% |
| QQQ | Invesco QQQ Trust Series I | 469.02 | 353,145.60 | 0.13% |
| IWM | iShares Russell 2000 ETF | 442.49 | 63,717.89 | 0.69% |
| XLF | Financial Select Sector SPDR Fund | 353.55 | 50,104.32 | 0.71% |
| VTV | Vanguard Value ETF | 340.24 | 138,527.21 | 0.25% |
| IEMG | iShares Core MSCI Emerging Markets ETF | 322.62 | 95,711.49 | 0.34% |
| VT | Vanguard Total World Stock ETF | 283.52 | 48,651.60 | 0.58% |
| AGG | iShares Core U.S. Aggregate Bond ETF | 247.93 | 129,467.35 | 0.19% |
| EMCS | Xtrackers MSCI Emerging Markets Climate Selection ETF | 230.09 | 770.58 | 29.86% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change |
| BIL | SPDR Bloomberg 1-3 Month T-Bill ETF | -610.02 | 42,237.76 | -1.44% |
| TLT | iShares 20+ Year Treasury Bond ETF | -538.06 | 48,407.35 | -1.11% |
| SGOV | iShares 0-3 Month Treasury Bond ETF | -528.68 | 49,207.07 | -1.07% |
| GLD | SPDR Gold Shares | -454.31 | 100,189.73 | -0.45% |
| SCHO | Schwab Short-Term US Treasury ETF | -438.84 | 11,029.51 | -3.98% |
| PDP | Invesco Dorsey Wright Momentum ETF | -408.53 | 1,264.70 | -32.30% |
| REET | iShares Global REIT ETF | -383.54 | 3,907.20 | -9.82% |
| IWB | iShares Russell 1000 ETF | -373.68 | 41,053.66 | -0.91% |
| LQD | iShares iBoxx $ Investment Grade Corporate Bond ETF | -350.58 | 30,248.74 | -1.16% |
| VB | Vanguard Small-Cap ETF | -284.50 | 63,305.47 | -0.45% |
ETF Daily Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| Alternatives | 150.21 | 10,127.58 | 1.48% |
| Asset Allocation | 44.53 | 25,054.68 | 0.18% |
| Commodities ETFs | -376.70 | 218,193.58 | -0.17% |
| Currency | 185.19 | 151,206.45 | 0.12% |
| International Equity | 649.79 | 1,876,088.90 | 0.03% |
| International Fixed Income | 213.28 | 303,683.13 | 0.07% |
| Inverse | -63.79 | 14,120.47 | -0.45% |
| Leveraged | 101.79 | 144,101.18 | 0.07% |
| US Equity | 2,819.84 | 7,110,093.27 | 0.04% |
| US Fixed Income | -2,491.57 | 1,704,063.77 | -0.15% |
| Total: | 1,232.56 | 11,556,733.02 | 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.
