Equity ETFs are humming along, bringing in more than $29 billion in inflows in September.
That’s according to State Street Global Advisors’ US-Listed ETF Flash Flows report, which finds that U.S.-focused equity ETFs brought in more than $28.6 billion, out of the $29.1 billion entering all equity ETFs.
That continues the trend from August, when total inflows were $20 billion. September’s new money raised the year-to-date total above $140 billion.
Last year at this time, however, equity ETFs had attracted a whopping $223 billion in inflows.