ETF Inflows Surge: Health Care ETFs Lead Gains Amid Easing Headwinds

ETF Market Performance and Inflows

• 📈 ETF net inflows have surpassed $1.13 trillion year-to-date, nearing last year's record.
• 🔍 Tracking moves above and below 30-day moving averages for popular index funds like SPY and QQQ.

Top ETF Inflows This Week

• 📊 The iShares Russell 2000 ETF (IWMS), a small-cap ETF, saw top inflows.
• 💰 Following closely were the iShares Investment Grade Bond ETF (LQD) and the iShares Core S&P Small Cap ETF (JR), indicating significant interest in small-cap and investment-grade bonds.

Health Care Sector ETF Performance

• 💡 Aniket Ullal of CFRA highlights the PJP ETF as a strong performer, benefiting from regulatory easing.
• 🏥 This ETF holds major health care stocks such as Merck, Pfizer, and Amgen, all of which have buy or strong buy ratings.
• ✅ Pfizer's agreement with the US government on most favored nation pricing is expected to provide pricing stability for key players.
• 💰 The PJP ETF is outperforming the market year-to-date and offers a dividend yield of 1%.