ETFs Set Annual Flows Record--in July
ETF flows cruise past the 2020 record just seven months into the year.
Exchange-traded funds needed just seven months to break the annual flows record they set last year. Their year-to-date haul stood at $512 billion after pulling in $54 billion of new money in July, eclipsing the $500 billion that investors poured into ETFs in 2020. When the calendar turned to August, ETFs held over $6.6 trillion of investors’ money.
Ryan Jackson does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.