Meanwhile, in equity ETFs, investors pulled $2.1 billion from SPDR S&P 500 (NYSEArca: SPY) in the latest week, according to Reuters, while ETFs overall posted net outflows of $2.8 billion.
“Some of it is investors just taking a breather,” said Tom Roseen, head of research services at Lipper, in the report. [S&P 500 ETFs Battle Key Resistance After 18% Rally]
iShares iBoxx Investment Grade Corporate Bond
Full disclosure: Tom Lydon’s clients own LQD, HYG, JNK and SPY.