US-listed Emerging Markets ETFs see 26th straight week of inflows

US-listed exchange traded funds (ETFs) that invest in emerging markets (EMs) saw positive inflows for a 26th week in a row, the Bloomberg data showed. Total inflow was $341.7 million for the week ended April 30, up from $81.1 million in the previous week. If not for the $583-million inflow into ETFs that invested in China and Hong Kong, the flows could have turned negative for the EM pack. The $4.4-billion KraneShares CSI China Internet ETF, or KWEB, received $255 million last week. Investors also added more than $100 million each to the $7.1-billion iShares MSCI China ETF, known as MCHI, and the $4.5-billion iShares China Large-Cap ETF, or FXI. India equity ETF flows were marginally negative by $500,000. In the preceding week, US-listed India ETFs saw outflows of $170 million as the Covid-19 pandemic spun out of control.