ETF Inflows Reach $37.3 Billion Last Week, U.S. Equity ETFs Lead the Way

Last week, the Exchange-Traded Funds (ETFs) market saw a surge in capital inflows, with a total of $37.3 billion pouring into various funds. This brought the year-to-date inflows to an impressive $329 billion, according to data from etf.com.

Leading the charge were U.S. equity ETFs, which attracted $30.6 billion in inflows, followed by U.S. fixed-income ETFs with $5.7 billion, and international ETFs with $558 million. The top creation list was dominated by popular funds such as iShares Core S&P 500 ETF (IVV), Invesco QQQ Trust (QQQ), Vanguard Total Stock Market ETF (VTI), Vanguard Mid-Cap ETF (VO), and Vanguard Growth ETF (VUG).

Despite a modestly stable performance on Wall Street last week, with the S&P 500 Index and the Nasdaq Composite dipping slightly while the Dow Jones recorded a slight gain, there were several key events that influenced market sentiment. The historic strike at select Big Three automaker plants by the United Auto Workers union was a major development, while Apple’s launch of new devices and British chipmaker Arm Holdings’ debut on Nasdaq provided some positive momentum.

Additionally, upbeat data on U.S. industrial production and retail sales, as well as positive economic indicators from China, helped ease concerns about global economic growth. However, U.S. consumer sentiment slipped for the second consecutive month in September, according to the University of Michigan’s Consumer Sentiment Index.

The ETF market saw significant activity last week, with iShares Core S&P 500 ETF leading the way with $5.3 billion in capital inflows. Other popular funds like Invesco QQQ Trust, Vanguard Total Stock Market ETF, Vanguard Mid-Cap ETF, and Vanguard Growth ETF also saw substantial inflows.

Overall, the ETF market remains dynamic and responsive to a wide range of economic and market factors. Investors will be closely watching how these trends continue to unfold in the coming weeks.