ETF Issuer League Table
The ETF industry moves fast. Each week, we run the numbers on the ETF industry, and tally up the winners and losers in terms of fund flows and total assets.
After a streak in investors’ bad books, State Street is back in black! The industry giant pulled in almost $3.2 billion this past week, topping our chart for most inflows. The firm’s flagship fund (SPY ), the SPDR S&P 500 ETF, pulled in $5.3 billion in new assets, boosting them out of the red zone after three straight weeks of negative flows. The week was positive overall for ETFs at almost $6.2 billion inflows.
This week’s biggest losers (of assets), were Invesco, ARK Investment and Barclays Capital, with combined losses of $616 million. On the smaller side Sage Advisory’s single fund, the Sage ESG Intermediate Credit ETF (GUDB ), saw out flows of $10.5 million which may not seem like much, but accounts for 133.25% of assets. The fund has very little volume and while a unique approach to the bond space, proves that investors are discerning with their ESG investments. Buzzword funds need not apply.