MBB Leads With $1.2B Gain as Markets React to UK Trade Deal
From Yahoo Finance: 2025-05-09 18:00:00
The iShares MBS ETF (MBB) saw a $1.2 billion inflow, boosting its assets to $38.2 billion after President Trump announced a trade deal framework with the UK. Vanguard S&P 500 ETF (VOO) attracted $436 million, while SPDR S&P Biotech ETF (XBI) gained $254 million. In contrast, SPDR S&P 500 ETF Trust (SPY) and iShares Core S&P 500 ETF (IVV) experienced outflows of $1.8 billion and $1.4 billion respectively, despite market gains. U.S. fixed income led asset classes with $2.9 billion in inflows, while U.S. equity funds saw $3.2 billion in outflows. Overall, ETFs gained $1.4 billion in net inflows in response to positive trade developments.
Read more at Yahoo Finance: MBB Leads With $1.2B Gain as Markets React to UK Trade Deal