IVV - Equity ETFs witness largest weekly capital inflows in more than 8-months

The investment community is overall net purchasers of fund assets on the week, including ETFs and conventional funds totaling $61.9B, according to the latest Refinitiv Lipper U.S. fund flow insight report. From an exchange traded fund vantage point, equity ETFs attracted $19.1B on the week, its largest weekly inflows in over eight months dating back to February 10, and fixed income ETFs attracted inflows for the third week in a row, totaling $3.4B this week.  Money market funds were another headliner as they garnered $42.2B in net positive inflows, taxable bond funds took in $4.2B, and tax-exempt fixed income funds attracted $397M on the week. The two equity ETFs that attracted the most significant new money were the iShares Core S&P 500 ETF (NYSEARCA:IVV), which took in $8.6B, and the benchmark fund SPDR S&P 500 ETF (NYSEARCA:SPY), which gathered $3.4B.  At the other end of the spectrum, the largest detractors of capital

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Equity ETFs witness largest weekly capital inflows in more than 8-months