Hey kids, did you know that people invest money in big groups of stocks and bonds called ETFs? It's like a giant basket of investments! Today, we're looking at how much money flowed in and out of these baskets.
- Lots of money went into some ETFs, especially one called QQQ which got $1.3 billion!
- Other ETFs, like SPY, had money taken out – that's called outflows.
- Overall, the ETF world saw a big increase in money, totaling $4.94 billion.
ETF Activity | Amount ($) |
---|---|
QQQ Inflows | 1,300,000,000 |
SPY Outflows | 2,380,000,000 |
Total ETF Inflows | 4,940,000,000 |