SPY bags $9.88B inflows despite worst weekly performance in three months – Seeking Alpha

Despite experiencing its worst weekly performance in three months, the popular exchange-traded fund SPY managed to attract a whopping $9.88 billion in inflows. This influx of funds indicates strong investor confidence in the market despite recent fluctuations. The SPY ETF, which tracks the S&P 500 index, saw a significant increase in investment despite a challenging week. This resilience demonstrates the continued interest and support from investors, even in the face of market volatility.