BIL ETF Saw Inflows Of $765M On Aug 16

The SPDR Barclays Capital 1-3 Month T-Bill ETF witnessed inflows of over $765 million on August 16.

The SPDR Barclays Capital 1-3 Month T-Bill ETF (BIL) witnessed inflows of over $765 million on August 16, Index Universe reports. The fund’s total assets increased by 61% to $2 billion.

The SPDR S&P 500 saw inflows of $1.9 billion on the day, while the SPDR S&P Retail ETF lost $302 million. In total, U.S. ETF assets increased slightly to $1.032 trillion.

Click here for the story from Index Universe.