gopixa
For the second consecutive week financial participants found themselves to be overall net sellers of fund assets which included both exchange traded funds and conventional funds for the week that ended December 20. In total, investors removed $42.8B from the market place.
Tax-exempt bond funds were able to garner $147M. On the other side, money market funds lost $25.1B, equity funds handed back $9.5B, taxable bond funds saw outflows of $4.9B, while mixed-asset funds, alternative investment funds, and commodities funds lost $1.3B, $1.1B, and $1.1B, respectively.
Equity focused ETFs recorded and influx of cash that totaled $17.4B on the week and were led by the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) at +$37.7B and the iShares Russell 2000 ETF (NYSEARCA:IWN) at +$2.9B.
At the same time the iShares Core S&P 500 ETF (NYSEARCA:IVV) and the iShares Core S&P Mid-Cap ETF (IJH) handed back the most significant amount of cash. IVV lost $11.5B and IJH lost $2B.
From a fixed income point of view, the iShares 20+ year Treasury Bond ETF (NASDAQ:TLT) and the BNY Mellon Core Bond ETF (BKAG) attracted the largest amount of net new capital. TLT brought in $1.1B on the week while BKAG took in $1.1B as well.
At the other end of the spectrum the SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) suffered the largest weekly capital losses at $1.1B and was followed by the WisdomTree Floating Rate Treasury Fund (USFR) at $841.4M.
All fund flow data is per the latest Refinitiv Lipper fund flow report.
