ETF Flows | Equity ETFs on Top Despite Market Decline

ETF.com2023-03-14

U.S. equity exchange-traded funds reversed losses from prior weeks as investors flocked to U.S. stock ETFs despite a market downturn.U.S. equity funds pulled in just over $7 billion in the week ending...

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BKT
2023-03-14
BKT
Pls like thanks
LucasBbFund
2023-03-14
LucasBbFund
ytrhyes or yyh just
valentia
2023-03-14
valentia
Nice sharing
Seah CL
2023-03-14
Seah CL
K

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That’s a shift from the $9 billion that left the asset class the week prior.The top asset gatherer of the week was the SPDR S&P 500 ETF Trust (SPY), which lured in $5.2 billion, compared with the $8.8 billion that exited the fund the week before. Other funds that attracted the most inflows included the iShares Core S&P 500 ETF (IVV) and the Invesco QQQ Trust (QQQ), which collectively pulled in nearly $1.6 billion.The uptick in interest in U.S. equity ETFs comes despite a rough week for stock markets. The S&P 500 dipped 4.5% during the trading week, its worst performance in nearly six months, as fears reverberated through markets that bank stress following the closure of SVB could send more firms under. The Nasdaq slumped 4.7% during the same period.Meanwhile, U.S. fixed income ETFs brought in nearly $4 billion during the week. That’s a 15% drop from the $4.6 billion that the asset class drew in the previous week. 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