Exchange traded funds tracking major stock indexes were mixed Thursday morning as investors digested mixed news on job cuts and jobs growth.
ETF inflow in 2016 set a record at $284 billion, $39 billion more than the previous record set in 2015, according to a new report from State Street Global Advisors.
Highlights from the report include:
- Fixed-income ETFs gathered more than $90 billion in assets, nearly doubling the 2015 total of $58 billion. Bond-based funds surpassed the 2015 record in August, and added $30 billion more to close out the year.
- Equity ETFs fell short of the record $196 billion inflow in 2013, but broke the record for highest monthly flow in November with $49 billion of net inflow — and broke the record again in December, attracting over $58 billion.