ETF Inflows Increased Steadily Last Week
Last week, lower volatility helped investors add a substantial amount to US-listed ETFs. According to FactSet, investors poured $8.5 billion into ETFs last week, which increased the YTD (year-to-date) inflows to $117 billion. US equity (MS) (GS) (C) continued to be the most popular asset class with investors. US equity saw an addition of $6.17 billion, while international equity lost $243.5 billion. US fixed-income ETFs saw a net addition of $2.24 billion amid a decline in the US ten-year Treasury yield from 3.1% the previous week to 2.9% last week. ...