Barclays Global Investors, a leading provider of exchange-traded funds, was the top selling fund complex in November, according to Financial Research Corp.
Barclays Global funds raked in about $7.1 billion last month, the Boston-based fund tracker said.
State Street Global Advisors, a major player in the ETF field which also offers mutual funds, took second place with cash inflows of $6.4 billion. The company’s S&P Depository Receipts (SPY), an ETF that tracks the Standard & Poor’s 500 index, was the best selling fund last month, attracting. $5.4 billion.
Overall, mutual funds and ETFs that invest in foreign stocks took in $16.6 billion in new cash, and domestic stock funds netted about $12 billion.