A Look at the Fund Flows in Low-Volatility ETF SPLV
The anticipated views of the Federal Reserve members are expected to make way for utilities (IDU) (VPU) and for low-volatility funds.
Since July 2016, VPU has experienced net outflows of nearly $320 million.
In VPU, the top ten holdings form nearly 50% of the total portfolio. These holdings include NextEra Energy (NEE), Duke Energy (DUK), and Southern Company (SO).
In late July, the Utilities Select Sector SPDR ETF (XLU) experienced an outflow of more than $1 billion.
The Utilities Select Sector SPDR ETF (XLU) tracks S&P 500 Utilities and includes electric utilities and merchant power companies along with water and multi-utilities.
Inflows into emerging market equity ETFs keep on dominating the inflow picture within our country ETF universe.
US GICS Sector ETFs witnessed aggregate net inflows of ~$800 million last week
Analyzing last week’s most significant ETF inflows in the context of our entire ETF universe, we note that investors continued to move capital into emerging markets.
How quickly things can change! Investor sentiment started to feel a little shaky last week.
Cumulative net flows into SPDR’s S&P 500 ETF Trust (SPY) reached a YTD (year-to-date) high last Monday. However, inflows reversed sharply.
The annual Jackson Hole Symposium in Wyoming attracts a high-profile audience. It’s scheduled to start on August 25.
US unemployment claims for the week ending August 13 fell by 4,000, according to data published by the U.S. Department of Labor on August 18.
Those who recognized the upside potential in emerging market equities in early 2016 are likely already in the “hangover stage” of celebrating sizable YTD (year-to-date) returns.
It’s a fact that investors buy into GLD when equity markets turn lower in times of elevated uncertainty.
As we hinted at in Part 2 of this series, market participants seem to become more comfortable as major equity index ETFs rose to highs last Thursday.
The optimism among US equity bulls is simply remarkable, reflecting both in ETF performance and fund flows.
YTD (year-to-date) asset inflows into emerging market equity ETFs have been remarkably broad.
The upside reversal in emerging market equity ETFs has become one of the most remarkable investment themes in 2016. Investors don’t want to miss out.
In the current low-yield environment and with US equities at extremes, investors are trying to boost returns by reallocating capital into the most cost-efficient ETFs.
US GICS sector ETFs witnessed net outflows for the second week. In aggregate, investors pulled out ~$400 million. Last week, the flows were concentrated.