Investors inject capital into the fund market for the third week in four

For the third week in four market participants found themselves to be overall net buyers of fund assets which included both conventional funds and exchange traded funds. For the week that ended March 6, investors injected a total of $27.3B into the fund market.

Money market funds represented the largest asset attractors on the week as they pulled in $13.1B. Taxable bond funds added $12.4B, equity funds took in $2.6B, tax exempt bond funds amassed $869M, and alternatives funds brought in $108M. At the other end of the spectrum, commodities funds lost $1B, and mixed assets funds handed back $765M.

Equity based exchange traded funds were able to pull in $10.7B in weekly inflows, with the two largest attractors being the iShares Core S&P 500 (NYSEARCA:IVV) and the iShares Core MSCI EAFE ETF (BATS:IEFA). IVV took in $2.3B and IEFA brought in $1.3B.

At the other side, the exchange traded funds that observed the largest outflows were the iShares MSCI USA Minimum Volatility Factor ETF (USMV) and the iShares Russell 2000 ETF (IWM). USMV took back $548M while IWM lost $463M.

From a fixed income ETF vantage point, the iShares Bitcoin Trust (IBIT) and the iShares: iBoxx $ Investment Grade Corporates ETF (NYSEARCA:LQD) pulled in the most significant amount of net new money. IBIT added $2.7B and LQD added $2.1B.

In reverse, the Grayscale Bitcoin Trust (GBTC) noticed the largest exodus of weekly capital at $2.1B. Following behind GBTC was the iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) as it handed back $967M.

Fund flow data is per the latest Refinitiv Lipper fund flow report.