US equity ETF inflows continue for 20th straight week

Jefferies reported on the latest trends in US equity flows, highlighting a mixed landscape of investments. For the week ending January 1, retail inflows, excluding money markets (MM), totaled $20.7 billion, a drop from the previous week's $59.9 billion. In contrast, mutual funds, excluding money markets, experienced outflows of $4.8 billion, reversing from the prior week's inflows of $36.6 billion.

Exchange-traded funds (ETFs) continued to attract capital, with inflows amounting to $25.6 billion, surpassing the $23.2 billion recorded the previous week. This marks the 37th consecutive week that ETFs have seen positive inflows. Money market funds also reported an increase in inflows, receiving $26.1 billion, which is up from $18.1 billion the week before.

In the equity sector, US equity mutual funds faced outflows of $2.4 billion, a significant shift from the $37.8 billion inflow observed last week. Meanwhile, US equity ETFs reported inflows of $17.6 billion, although this was a decrease from the $19.0 billion inflow seen the previous week. Nevertheless, this represents the 20th consecutive week of inflows for US equity ETFs.

International mutual funds also saw a change in direction, with outflows of $0.7 billion, contrasting with the $0.2 billion inflow the week prior. International equity ETFs experienced inflows of $1.6 billion, which, while still positive, was less than the $3.6 billion inflow reported in the previous week.

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Source: Investing.com