Published on 23 Jun 2023 on ETF Trends via Yahoo Finance

ETF Issuer League: State Street, WisdomTree Up

This article was originally published on ETFTrends.com.

In this week’s edition of the ETF Issuer League, it’s State Street that has taken a big leap forward. The megafirm’s ETF AUM hit $1 trillion in total AUM via price and flows influence. In terms of flows, it added the most for the week, picking up $3.1 billion. It indicates continued, significant progress for the firm, joining fellow big three members Vanguard and BlackRock in the trillions.

The vast majority of the flows arrived, of course, into the SPDR S&P 500 ETF Trust (SPY). SPY has added $5 billion in just the last month in net inflows, despite outflows that limited it to just $1.4 billion over six months. While the firm may be vacillating around the $1 trillion ETF AUM range, it will look to solidify that position.