ETFs See $34B Inflow through June

June marked the fifth consecutive month of inflows for U.S. exchange-traded funds (ETFs), Morningstar reported.  

Investors poured more than $9.9 billion into ETFs during the month, bringing the year-to-date total to $34 billion.   

In June, as well as for the year-to-date period and the trailing one-year period, taxable-bond ETFs led all ETF asset classes with more than $4.7 billion in net inflows. Inflows of roughly $2.6 billion into SPDR S&P 500 SPY bolstered overall flows for domestic-stock ETFs, which reached $2.7 billion in the month. While large- and mid-cap U.S. stock ETFs had net inflows in June, small-cap ETFs saw large outflows. 

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While flows into iShares MSCI Germany Index EWG and iShares FTSE/Xinhua China 25 likely represent investors repositioning their international-stock exposure to include Germany and China amid the sovereign debt crisis in Europe, most single-country ETFs experienced outflows in June, Morningstar said.   

SPDR Gold Shares GLD was the second-most popular ETF in June, with inflows of $2.1 billion. Gold ETFs experienced strong inflows during the month, while funds that provide exposure to energy markets by rolling one-month futures contracts led outflows for commodities ETFs.   

To view the complete report, please visit http://www.global.morningstar.com/juneflows10. 

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