ETF FLOWS IN OCTOBER: POSITIONING FOR YEAR-END
October ETF flows were the fourth-largest monthly haul on record at $79.1 billion, adding to the already record-breaking flows seen so far in 2021 totaling $720 billion.1 Many of the standout flows over the month were the result of institutional rebalances, as professional investors position ETF portfolios for the rest of the year. Also in the spotlight were corporate earnings, which have revealed important insights into the state of the economic recovery, and the ongoing saga around supply chain disruptions.