BlackRock’s IVV sees $7 billion outflows as SPYM draws $60 billion

Verifying
  • BlackRock’s IVV recorded negative year-to-date flows.
  • $7 billion flowed out of IVV, versus its typical $80 billion annual contribution.
  • SPYM attracted $60 billion in year-to-date inflows as BlackRock lagged major ETF issuers.
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