SPIB - ETFs and traditional funds attract weekly inflows for eight straight weeks totaling $20B

For the eighth week in a row, market participants were overall net buyers of ETFs and conventional funds, as they inserted $20.6B of new capital inflows according to the latest Refinitiv Lipper weekly fund flow report. Money market funds led the pack attracting $14.2B in investor flows, taxable bond funds took in $7B, and tax-exempt fixed income funds pulled in $804M, while equity funds witnessed $1.5B in outflows. Equity exchange traded funds observed their tenth straight week of inflows totaling $7.1B. The iShares Core S&P 500 ETF (NYSEARCA:IVV) and SPDR S&P 500 ETF (NYSEARCA:SPY) led the way attracting $4.3B and $1.5B. On the flip side, the two equity ETFs that experienced the most significant weekly outflows were the iShares Russell 2000 ETF (NYSEARCA:IWM) and Invesco QQQ Trust 1 ETF (NASDAQ:QQQ). IWM lost $1.3B, and QQQ lost $1B. Fixed income exchange traded funds experienced their eighth straight week of investor inflows, totaling $7.7B on the week. The iShares

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ETFs and traditional funds attract weekly inflows for eight straight weeks, totaling $20B