February ETF Flows: The Really Significant Number
Thursday, March 4th, 2010Lawrence Weinman submits:
The Index Universe blog notes this about February ETF flows:
BlackRock, sponsor of the iShares family of ETFs and the largest ETF provider in the world, experienced $1.2 billion in net outflows. The company appeared to suffer in part from investors leaving the iShares MSCI Emerging Markets ETF (NYSEArca: EEM) and moving money into its direct competitor, the Vanguard Emerging Markets ETF (NYSEArca: VWO). EEM saw $2.4 billion in net outflows in February, the most of any ETF, while VWO pulled in $1.1 billion in net inflows, making it the second most popular ETF of the month.
