Investors Poured Nearly $40B Into 10 ETFs In February: Find Out What You’re Overlooking
By Benzinga
The S&P 500 index, a bellwether for the U.S. stock market, ends February with a 5.3% surge, marking its fourth consecutive month of gains.
Since the tumultuous days of late October, the broader stock market rally now nears an impressive 25% increase.
The tech-heavy Nasdaq 100 also paints a picture of extraordinary resilience. It surpassed the 18,000-point mark and closed the month at an all-time high. The surge in the Nasdaq 100, up 28% since late October, offers a testament to the unwavering appetite for tech-oriented investments.
See Also: Joe Biden Says Stock Market Strength Is ‘Sign Of Confidence’ In America’s Economy: ‘Good News’
Within the captivating realm of exchange-traded funds (ETFs), here we highlight those commanding the largest influx of money throughout February.
Among these standouts, six offer exposure to broader equity indices, two pivots towards Treasury bonds, while one extends its focus on Bitcoin (CRYPTO: BTC).
Top 10 US ETFs By Inflows In February
| ETF | Fund Flows (1M) | AUM |
|---|---|---|
| Vanguard S&P 500 ETF (NYSE:VOO) | 6.815B | 413.71B |
| iShares Core S&P 500 ETF (NYSE:IVV) | 5.881B | 442.69B |
| Vanguard Information Technology ETF (NYSE:VGT) | 5.786B | 69.413B |
| iShares Bitcoin Trust (NYSE:IBIT) | 3.891B | 8.07B |
| Vanguard Intermediate-Term Treasury ETF (NYSE:VGIT) | 3.1B | 24.816B |
| SPDR Portfolio S&P 500 ETF (NYSE:SPLG) | 3.066B | 31.938B |
| Vanguard Total Stock Market ETF (NYSE:VTI) | 2.819B | 374.803B |
| iShares Core U.S. Aggregate Bond ETF (NYSE:AGG) | 2.348B | 101.583B |
| Invesco QQQ Trust, Series 1 (NASDAQ:QQQ) | 1.874B | 252.624B |
| iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) | 1.566B | 48.99B |
On Friday, Feb. 9, the S&P 500 index topped 5,000 for the first time.
This milestone prompted remarks from President Joe Biden. “The stock market going strong is a sign of confidence in America’s economy,” he said on social media.
Image: Shutterstock
