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Largest ETF takes in most cash in more than two years -spokesman
March 2, 2017 / 4:03 PM / 9 months ago

Largest ETF takes in most cash in more than two years -spokesman

NEW YORK, March 2 (Reuters) - The world’s largest exchange-traded fund attracted the most new cash in more than two years on March 1, a spokesman said on Thursday, as investors saw brightening growth prospects.

The SPDR S&P 500 ETF (SPY) took in $8.2 billion on Wednesday, according to a spokesman, the largest figure since December 2014 and a top-10 figure of all time. The fund was started in 1993.

Reporting by Trevor Hunnicutt; Editing by Chizu Nomiyama

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