U.S. ETFs Saw Record Inflows Of $135 Billion In Q1, As BlackRock Leads

ETFs are red hot right now, with investors pouring a record amount of money into exchange traded funds in the just-completed first quarter of 2017.

$134.7 billion in fresh capital flowed into U.S.-listed ETFs in that January through March period this year. That’s an incredible 355% increase year-over-year, and puts ETFs on pace for nearly $539 billion in total inflows for the year.

That total would mark an 87% increase over 2016’s total inflows of $287.5 billion.

The inflows this year have been very top-heavy, with investors continuing to flock towards low-cost funds. As ETF.com notes, nine of the top 10 funds in terms of inflows so far this year boast expense ratios of 0.15% or less.

As usual, BlackRock’s iShares unit led the pack with inflows. Its iShares Core MSCI Emerging Markets ETF (IEMG) saw the largest uptick out of all U.S. listed ETFs, bringing in $6.6 billion in creations in Q1 alone. That fund now has a total AUM north of $27 billion.

Another BlackRock-run fund, the iShares S&P 500 Index ETF (NYSE:IVV), also saw major inflows in the period, with $6.2 billion entering the ETF. This continues a long-standing trend of investors pouring money into large cap equities, despite the markets sitting right near all-time highs.

The iShares S&P 500 Index ETF (NYSE:IVV) was trading at $236.49 per share on Tuesday morning, down $0.38 (-0.16%). Year-to-date, the second largest ETF tied to the S&P 500 index has gained 5.11%.

IVV currently has an ETF Daily News SMART Grade of A (Strong Buy), and is ranked #2 of 107 ETFs in the Large Cap Blend ETFs category.

You are viewing an abbreviated republication of ETF Daily News content. You can find full ETF Daily News articles on (www.etfdailynews.com)

Powered by WPeMatico