ETF (SPY) (GLD) (XRT) (IWM) (EWJ) (XOP) Movement

Investors pulled about $3 billion out of the SPDR S&P 500 ETF (NYSEArca:SPY) on Monday, but stocks rose amid rising appetite for riskier stocks, helping total assets in U.S.-listed exchange-traded products.

Among other noteworthy redemptions yesterday included the $488.8 million that came out of the SPDR Gold Shares (NYSEArca:GLD), though rising gold prices kept assets in the world’s second-biggest ETF after SPY at just shy of $56 billion.

The SPDR S&P Retail ETF (NYSEArca:XRT) also had sizable redemptions, of $236.7 million, or 44 percent of the fund. The heavily traded and shorted ETF ended Monday’s trading session with assets of $307.4 million.

Creations

The small-cap iShares Russell 2000 Index Fund (NYSEArca:IWM) meanwhile topped IndexUniverse’s inflows list, with creations of $325 million. IWM now has $15.14 billion in assets.

The iShares MSCI Japan Index Fund (NYSEArca:EWJ) gathered another $115.3 million, as investors looked to buy Japanese assets on the cheap in the wake of the calamitous earthquake and tsunami there 11 days ago that badly damaged a nuclear power plant, causing it to leak dangerous amounts of radiation.

The SPDR S&P Oil & Gas Exploration & Production ETF (NYSEArca:XOP) gathered $77.2 million in new assets, while the Energy Select SPDR ETF (NYSEArca:XLE) suffered redemptions of $314.7 million.




Source