FYI: What bear market? Either oblivious to the turmoil hitting U.S. stocks in December—or sensing opportunity—ETF investors plowed billions of dollars into exchange-traded products this week.
Despite another big down week in the market, putting the S&P 500 on track for its worst December performance since the Great Depression, and more than 17% off its all-time highs, investors added $27.5 billion to ETFs during the week ending Thursday, Dec. 20.
The inflows were led by U.S. equity ETFs, which pulled in $13 billion. International equity ETFs and U.S. fixed-income ETFs also saw strong inflows, of $6.3 billion and $7.8 billion, respectively.
Year-to-date net inflows for all ETFs in 2018 now total $305.6 billion, the second-largest annual haul ever.
Regards,
Ted
https://www.etf.com/sections/weekly-etf-flows/weekly-etf-flows-2018-12-20-2018-12-14
