What Selloff? ETF Investors Shovel $4 Billion Into U.S. Stocks

Flows into SPY and BlackRock’s IVV reach highest in a month
Equity-investing rift seen between Wall Street and Main Street

Markets May Be on the Verge of a 'Passive Bubble' Bursting

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By Yakob Peterseil

October 25, 2018 at 7:01 AM EDT

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As U.S. equities erased gains for the year, passive investors bought the dip.

Around $4 billion flowed Wednesday into the two largest exchange-traded funds tracking the S&P 500 Index -- State Street’s SPY and BlackRock Inc.’s IVV. That’s the most in over a month.

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