U.S. ETFs Get $588.2M Net Inflows

U.S. exchange-traded funds have received $588.2 million net inflows, bringing total assets in the U.S. exchange-traded product industry to almost $1.04 trillion.

U.S. exchange-traded funds have received $588.2 million net inflows, bringing total assets in the U.S. exchange-traded product industry to almost $1.04 trillion, Index Universe reports. The SPDR S&P 500 ETF obtained $443 million, while the PowerShares DB Agriculture ETF gathered $118 million. The funds facing redemptions in the market are the Vanguard MSCI Emerging Markets ETF with $572.1 million outflows and the iShares Russell 2000 Index Fund with outflows of $412.1 million. The SPDR Gold Shares had outflows of $93.2 million and the PowerShares DB Precious Metals ETF had $59.8 million of outflows.

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