ETF Issuer League Table
In this week’s ETF Issuer League table, State Street and T. Rowe Price Investments stood out in their AUM tiers. State Street added a massive $7.7 billion over just the last week, leading the proverbial “Big Three” asset managers. Meanwhile, T. Rowe Price saw larger inflows than any other firm with less than $10 billion in total ETF AUM.
For State Street, the flows help solidify its new ETF AUM total of more than $1 trillion. Of course, the SPDR S&P 500 ETF Trust (SPY ) delivered the overwhelming majority of the flows, adding $6.1 billion. That weekly inflow total helped to lift SPY’s YTD net flows to nearly $13 billion, marking the last week as one of the more successful ones on a flows basis for SPY. The ETF with the next largest inflows behind SPY, the Technology Select Sector SPDR Fund (XLK ), added just $399 million.
T. Rowe Price Investments, meanwhile, added $130 million over the last week to its $1.3 billion AUM ETF roster. Those inflows outpaced every other firm with less than $10 billion in AUM for the week. Franklin Templeton, with $12.8 billion in ETF AUM, saw the next largest inflows at $213 million by comparison. T. Rowe’s inflows arrived mostly via a duo of ETFs. The T. Rowe Price QM U.S. Bond ETF (TAGG ) added $67 million, while the T. Rowe Price Total Return ETF (TOTR ) added $35.3 million.
Elsewhere in the standings, VanEck led among firms with less than $100 billion in ETF AUM. VanEck added $846 million for the week, which lifted its total ETF AUM above $60 billion. The VanEck Semiconductor ETF (SMH ) drove most of those inflows, adding $355.8 million in that time. The VanEck Morningstar Wide Moat ETF (MOAT ) added the second most with $184 million. Taken together, it represents another milestone in VanEck’s ETF year climbing up the table.
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