Concern Grows Over Chinese Economy, This Foreign Market Fund That Excludes China Grows Nearly 7% - ETF Winners And Losers: Mid-Cap Flows
Portfolio Pulse from Johnny Rice
The iShares Russell Top 200 Growth ETF (IWY) and iShares MSCI Emerging Markets ex China ETF (EMXC) have seen significant increases in Assets Under Management (AUM) over the past week, while iShares Expanded Tech-Software Sector ETF (IGV) and SPDR Portfolio Short Term Treasury ETF (SPTS) have seen decreases. IWY and EMXC added $526.63 million and $308.32 million in AUM respectively, while IGV and SPTS lost $390 million and $317.84 million respectively.
October 24, 2023 | 10:28 am
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POSITIVE IMPACT
EMXC added $308.32 million in AUM over the past week, excluding Chinese equities.
The increase in AUM indicates increased investor confidence in the fund, which could lead to a short-term increase in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
IWY added $526.63 million in AUM over the past week, with its largest holdings in Apple Inc (AAPL) and Microsoft Corporation (MSFT).
The increase in AUM indicates increased investor confidence in the fund, which could lead to a short-term increase in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
IGV lost $390 million in AUM over the past week, with its largest holdings in Microsoft Corporation (MSFT) and Adobe Incorporated (ADBE).
The decrease in AUM indicates decreased investor confidence in the fund, which could lead to a short-term decrease in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
SPTS lost $317.84 million in AUM over the past week.
The decrease in AUM indicates decreased investor confidence in the fund, which could lead to a short-term decrease in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100