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ETFs Accounted For 37% Of New Money In The Market In The First 2 Months Of 2023(EXPORT)

Schwab Network

English - March 08, 2023 18:55 - 6 minutes - 66.3 MB - ★★★★★ - 23 ratings
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JPMorgan Equity Premium Income ETF (JEPI) brought in $4.0B in the first two months of 2023, compared to $13B of net inflows in 2022, says Todd Rosenbluth. He discusses gauging the actively managed ETF market in 2023. He notes the difference between passive versus actively managed ETFs. He notes that actively managed ETFs represent 5% of assets. He also goes over how ETFs account for 37% of new money in the market in the first two months of 2023. Tune in to find out more about the stock market today.