Two exchange-traded funds (ETFs), SPY and IRVH, have seen significant inflows. SPY, which tracks the S&P 500 index, and IRVH, an innovation-focused ETF, have both attracted a large amount of investor money.
SPY is one of the most popular ETFs, providing investors with exposure to a wide range of large-cap U.S. stocks. Due to its diversified nature, it is often seen as a core holding in many portfolios. Investors have been pouring money into SPY, likely due to the strong performance of the S&P 500 index.
On the other hand, IRVH focuses on companies that are leading the way in innovation. This ETF has also seen a surge in inflows, as investors seek exposure to companies that are at the forefront of technological advancements.
Overall, both SPY and IRVH have experienced significant inflows, indicating a strong interest from investors in these ETFs.