Despite a 1% dip in the S&P 500, investors poured $1.7 billion into semiconductor ETFs and $1.2 billion into long-term Treasuries, highlighting a resilient appetite for AI exposure and high-yield bonds.
Investors treated higher yields as a buying opportunity, with TLT drawing $1.2 billion inflows, suggesting bullish bond sentiment.
AI-driven semiconductor funds gathered assets, with SOXX taking in $993 million, reflecting bullish sentiment on chips.
SMH drew $720 million in inflows amid AI enthusiasm, indicating bullish semiconductor sentiment.
30-year Treasury yield near 19-year high of 5.35%, but long-term bond ETF TLT saw inflows, indicating bullish positioning.
SPDR Gold Shares (GLD) saw $602.77 million in outflows, signaling bearish sentiment for gold.
S&P 500 sold off about 1% last week but remains near record highs, with mixed ETF flows indicating neutral sentiment.
Nasdaq slipped and sits roughly 5% off its high, with no strong directional catalyst.
US-listed ETFs attracted nearly $16 billion in net inflows for the week ending September 11, pushing year-to-date totals past $1.4 trillion. While broad equity indices faced selling pressure, investors aggressively targeted semiconductor-focused funds and long-term Treasury bonds, signaling a tactical shift toward AI-driven growth and defensive fixed-income positioning.
The $31.1 billion outflow from IVV is attributed to mechanical, short-term movements such as heartbeat trades for tax efficiency and dividend-avoidance strategies, rather than a fundamental shift in investor sentiment.