QUICK SPARK: $6.4 Billion Pours into S&P 500 ETFs in One Day as QQQ Sees Outflows
SPY and VOO attracted a combined $6.38 billion in daily ETF inflows, while QQQ saw outflows. QQQM, GLD and VCIT also posted notable creations.
A lot of money moved into funds that own big, established companies (like those in the S&P 500), while money left funds focused on newer tech companies. This can hint that investors are feeling cautious and prefer playing it safer right now.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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