U.S. exchange-traded products (ETPs) witnessed a total of $1.7 billion of inflows last week, as opposed to $434 million in the previous week, ETF Express reports. Long-only ETPs saw $1.5 billion of inflows in a falling equity market. Within these ETPs, equity products witnessed outflows of $625 million and fixed income and commodity ETPs respective inflows of $1.2 billion and $928 million.
Overall, equity defensive sectors, fixed-income investment-grade, commodity gold and equity dividend were the most popular ETPs during the week. Healthcare sector ETPs added assets worth $796 million during the week.
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