The iShares Core S&P 500 ETF (IVV) experienced a significant influx of $6 billion on Monday, bringing its total assets under management to $619.6 billion. This surge in inflows coincided with the S&P 500 reaching a record high of 6,204.95 after a turbulent quarter marked by Canada rescinding its digital services tax.
Other notable ETFs that saw substantial inflows included the J.P. Morgan Exchange-Traded Fund Trust (JMTG) with $3.8 billion, the SPDR S&P 500 ETF Trust (SPY) with $1 billion, the Invesco S&P 500 Equal Weight ETF (RSP) with $848.5 million, and the SPDR Portfolio S&P 500 ETF (SPLG) with $755.9 million.
On the flip side, the Vanguard Russell 1000 Growth ETF (VONG) experienced outflows of $2.8 billion, while the iShares Russell Mid-Cap Growth ETF (IWP) and the Invesco QQQ Trust (QQQ) saw outflows of $2.7 billion and $1.7 billion, respectively.
Despite the overall market gains, U.S. equity ETFs collectively lost $6.5 billion, while U.S. fixed-income ETFs attracted $3.2 billion. International equity ETFs pulled in $2.3 billion, reflecting continued trade optimism. Overall, ETFs experienced a net loss of $11.7 million for the day.
In a breakdown of different ETF categories, Alternatives saw net inflows of $9.37 million, Asset Allocation attracted $8.52 million, and Currency ETFs gained $629.70 million. International Equity ETFs pulled in $2,315.37 million, while International Fixed Income attracted $856.39 million. On the other hand, US Equity ETFs lost $6,542.37 million, and US Fixed Income ETFs gained $3,194.99 million.
It’s important to note that all data is accurate as of 6 a.m. Eastern time on the date of publication but may be subject to revision by the exchanges. For more information, you can visit the original article on ETF.com.
