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ETF Flows in April Were Stronger Than They Might Appear

Be careful making too much of ETF flows. In April 2022, ETFs had net outflows of $6.1 billion, breaking a monthly string that dated back to August 2019. Even in March 2020, when the COVID-19 pandemic emerged, the ETF industry pulled in slight net inflows of $175 million. So, there is reason to...
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