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Emerging Markets Funds Continue To Attract Big Dollars As Q1 Ends

Analyst Paul Weisbruch of Street One Financial wraps up the trading week with his daily fund flows update, pointing out relentless investor interest in emerging market ETFs, as well as rising bullish sentiment in the beleaguered energy sector.

We have seen some late week end-of-the-quarter trading in two “Europe” Equity ETFs from iShares. EZU (iShares MSCI Eurozone), which we have mentioned in a recap recently in terms of seeing net inflows has pulled in >$1.1 billion in new assets year-to-date, including over $270 million just this week.

Additionally, lesser known IEUR (iShares Core MSCI Europe) has reeled in over $320 million this week as well, thanks to creations, giving it more than $570 million in net assets added year-to-date. Also, as we mentioned yesterday, Emerging Markets via both IEMG (iShares Core MSCI Emerging Markets) and VWO (Vanguard FTSE Emerging Markets) have both packed in new assets lately as possible quarter-end trades.

Elsewhere, we mentioned the V-shaped rally that has occurred in XLE (SPDR Energy) on a rally in Crude Oil prices this week, and in addition to upside spring call buying that we mentioned yesterday, there we have also seen some closing put sellers (April 63 puts). These options are well out-of-the-money with the rally from its recent lows in XLE, and perhaps reflective of investors sensing a bottom in the sector.

The Vanguard Emerging Markets Stock Index Fund (NYSE:VWO) was trading at $39.76 per share on Friday morning, down $0.26 (-0.65%). Year-to-date, VWO has gained 11.12%, versus a 5.71% rise in the benchmark S&P 500 index during the same period.

VWO currently has an ETF Daily News SMART Grade of A (Strong Buy), and is ranked #1 of 77 ETFs in the Emerging Markets Equities ETFs category.

Disclaimer: The content of this article is excerpted from a daily newsletter from Street One Financial. While ETF Daily News may edit the contents and add a relevant title to the piece, the author, Paul Weisbruch, does not endorse or recommend any issuer or security mentioned herein.

About the Author: Paul Weisbruch

paul-weisbruchPaul Weisbruch is the VP of ETF/Options Sales and Trading at Street One Financial. Prior to joining the team at Street One, Paul served as the Director of RIA and Institutional ETF Sales at RevenueShares ETFs from December 2007 until November of 2009. Before RevenueShares, Paul was employed by Susquehanna International Group from 2000 until 2007 serving in roles including OTC/NYSE Institutional Block Trading, Nasdaq/OTC Market Making, ETF/Derivatives Intelligence and Strategy, Algorithmic Trading, as well as acting as the PHLX Floor Specialist in the ETFs, SPY and DIA.Paul has been actively involved in the ETF space from both a product and trading standpoint since 2000. Additionally, Paul has well forged relationships with national RIAs, institutional pension fund managers and consultants, mutual fund and hedge fund managers, and also the ETF media. Co-authoring the “S1F ETF Daily” since 2009, the daily piece has become a must for many portfolio managers in the ETF space, with segments regularly appearing in the likes of Barron’s, WSJ, and for instance.

He holds his Series 4 (Registered Options Principal), 6, 7, 55 (Equity Trader), 63, and 65 licenses. He graduated from the University of Pittsburgh (B.S. – Economics), graduating magna cum laude, and has an MBA from Villanova University.

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