Published on 14 Jul 2023 on ETF Trends via Yahoo Finance
This article was originally published on ETFTrends.com.
In this week's ETF Issuer League table, State Street and T. Rowe Price Investments stood out in their AUM tiers. State Street added a massive $7.7 billion over just the last week, leading the proverbial "Big Three" asset managers. Meanwhile, T. Rowe Price saw larger inflows than any other firm with less than $10 billion in total ETF AUM.
For State Street, the flows help solidify its new ETF AUM total of more than $1 trillion. Of course, the SPDR S&P 500 ETF Trust (SPY) delivered the overwhelming majority of the flows, adding $6.1 billion. That weekly inflow total helped to lift SPY's YTD net flows to nearly $13 billion, marking the last week as one of the more successful ones on a flows basis for SPY. The ETF with the next largest inflows behind SPY, the Technology Select Sector SPDR Fund (XLK), added just $399 million.