Today’s move higher in equities has propelled the Russell 2000 and related tracker ETFs such as the $40.3 billion IWM (iShares Russell 2000, Expense Ratio 0.20%) to new all-time highs. We have reported larger than normal inflows into IWM in our ETF Fund Flows recap recently, with the fund taking in more than $2 billion in recent sessions preceding today’s jolt higher. Interestingly, the fund is still in the red year-to-date in terms of net flows (-$570 million out).