RECS ETF gains $612M in assets while U.S. equity ETFs attract $2.8 billion

The Columbia Research Enhanced Core ETF (RECS) attracted $611.8 million, growing its assets to $3.6 billion. Meanwhile, the iShares Core S&P 500 ETF (IVV) led inflows with $993.8 million, despite a slip in the market. U.S. equity ETFs gained $2.8 billion, while U.S. fixed-income ETFs lost $2.5 billion.

On the other hand, the SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) saw outflows of over $610 million. The iShares 20+ Year Treasury Bond ETF (TLT) and the iShares 0-3 Month Treasury Bond ETF (SGOV) also experienced significant outflows as bond yields remained under pressure. Overall, ETFs gained $1.2 billion for the day.

In terms of asset classes, U.S. equity ETFs gained $2.8 billion, while U.S. fixed-income ETFs lost $2.5 billion. International equity ETFs attracted $649.8 million, bringing the overall net flows for ETFs to $1.2 billion for the day.

Read more at Yahoo Finance: RECS Adds $612M in Asset as Dow Jumps 400 Points