ETF Inflows Spike In July But Investors Are Still Selling Equities

Investors added $43.4 billion to ETF’s in July, eclipsing June’s inflow figure of $27.7 billion and making July the strongest month of equity ETF flows this year. According to Morgan Stanley’s Monthly Fund Flows Dashboard investors seem to have charged into ETF products during July as they look to capitalise on the S&P 500’s recent rally. ETF inflows spike in July Equity ETF’s saw the largest volumes according to the data with inflows of $30.8 billion for the month of July. Hybrid ETF’s reported inflows of $3.1 billion and fixed income ETF’s attracted $9.5 billion of investor cash. Year-to-date equity…