首页 News 正文

Funds continue to flow into US stock ETF technology funds, resulting in net outflows of the first cash flow

丽颜美容院郧
1208 0 0

In March, the US stock market continued to perform strongly, with exchange traded funds (ETFs) continuing to be favored by investors, with large inflows of funds and net outflows of technology ETFs.
Data shows that in March, global investors invested $126.5 billion in ETF products in the US market, the third highest monthly inflow since 2021, second only to the last two months of 2023.
In this round of buying frenzy, stock ETFs took over $96.6 billion, indicating that investors still have a relatively positive attitude towards US stocks.
In terms of sub themes, industrial sector stock ETFs are the most popular, with a net inflow of 1.4 billion US dollars, which is the strongest performance of industrial sector stock ETFs since July 2023; The raw materials and energy industry ETFs followed closely with net inflows of $1.3 billion and $600 million respectively, both of which are industries with strong cyclicality and high dependence on economic performance.
The fund movement in March sent an important signal, with technology ETFs experiencing a net outflow of $600 million, the first net outflow since June last year, and the first time since October last year that the inflow level of funds was lower than the overall market.
Surprisingly, healthcare ETFs with defensive properties were also not favored by funds, resulting in a net outflow of $700 million.
Regarding this, Cooper, senior macro strategist at iShares in Europe, the Middle East, and Africa at BlackRock, explained that although the US economy remains strong, facing the challenge of rising interest rates, market sentiment is gradually changing, shifting from defensive purchases in the past few months to increasing investment in cyclical industries. Technology ETFs have attracted a large amount of funds in the past year, and their positions have become relatively saturated.
The data from research firm VettaFi provides a basis for this change: the selected SPDR fund for the industrial industry attracted $829 million in inflows in March, while the selected SPDR fund for the materials industry and the selected SPDR fund for the energy industry attracted $574 million and $494 million respectively, both reversing the trend of fund outflows over the past year.
However, the selected SPDR fund in the healthcare industry experienced a net outflow of $150 million during the same period.
VettaFi Investment Director Rosen Bruce pointed out that from the data, it can be seen that market interest is currently shifting from the technology sector to other sectors. A considerable number of investors believe that the risks in technology stocks are constantly accumulating, and they are giving up on pursuing the seven major technology stocks that once led the rise.
However, Wall Street analysts emphasize that this market shift related to economic cycles is logical, especially as the US stock market continues to perform strongly in the first quarter, a shift towards moderate caution is necessary.
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
您需要登录后才可以回帖 登录 | 立即注册

本版积分规则

  •   知名做空机构香橼研究(Citron Research)周四(11月21日)在社交媒体平台X上发布消息称,该公司已决定做空“比特币大户”微策略(Microstrategy)这家公司,并认为该公司已经将自己变身成为一家比特币投资基金 ...
    caffycat
    昨天 11:18
    支持
    反对
    回复
    收藏
  •   每经AI快讯,11月20日,文远知行宣布旗下自动驾驶环卫车S6与无人扫路机S1分别在新加坡滨海湾海岸大道与滨海艺术中心正式投入运营。据介绍,这是新加坡首个商业化运营的自动驾驶环卫项目。 ...
    star8699
    3 天前
    支持
    反对
    回复
    收藏
  •   上证报中国证券网讯(记者王子霖)11月20日,斗鱼发布2024年第三季度未经审计的财务报告。本季度斗鱼依托丰富的游戏内容生态,充分发挥主播资源和新业务潜力,持续为用户提供高质量的直播内容及游戏服务,进一步 ...
    goodfriendboy
    3 天前
    支持
    反对
    回复
    收藏
  •   人民网北京11月22日电 (记者栗翘楚、任妍)2024广州车展,在新能源汽车占据“半壁江山”的同时,正加速向智能网联新能源汽车全面过渡,随着“端到端”成为新宠,智能驾驶解决方案成为本届广州车展各大车企竞 ...
    3233340
    昨天 17:06
    支持
    反对
    回复
    收藏
丽颜美容院郧 新手上路
  • 粉丝

    0

  • 关注

    0

  • 主题

    1