Market News

ETF Inflows Surge for IVV and FDTB

ETF investors have brought their A-game this past week with significant inflows into two major Exchange-Traded Funds (ETFs).

IVV Sees Impressive Growth

The iShares Core S&P 500 ETF (IVV) witnessed a substantial surge, adding a whopping 32,000,000 units to its outstanding count. This increase represents a substantial 3.8% growth rate compared to the previous week. The positive momentum extended to the ETF’s underlying components, with tech giants Microsoft and Apple showing promising upticks – 0.2% and 0.6% respectively during the morning trading session.

FDTB Shines with Remarkable Percentage Boost

Meanwhile, the FDTB ETF also made headlines by recording an impressive uptick, with an addition of 350,000 units contributing to a remarkable 37.8% increase in outstanding units. This surge underscores the growing investor confidence in the ETF.

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