The Industrial Select Sector SPDR (NYSEArca: XLI) also saw $1.9 billion in net inflows as investors anticipate Trump would have a positive impact on defense spending and would increase fiscal spending toward repairing and expanding domestic infrastructure.
Additionally, the Health Care Select Sector SPDR (NYSEArca: XLV) experienced $1.6 billion in inflows while the iShares Nasdaq Biotechnology ETF (NasdaqGM: IBB) attracted $760 million over the past week. The healthcare sector, especially the biotech and pharma space, have been under pressure for most of the year as investors anticipated a win for Hillary Clinton whom censured high drug prices.
The most popular ETFs of the past week include:
Source: XTF.com
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