Fixed-income exchange-traded funds had the highest inflows by asset class in October, pulling in $17.7 billion.
"After pulling money from equity ETFs to start the month, investors began to put capital to work as the month came to a close," according to a State Street Global Advisors news release. Equity ETFs saw $9.1 billion in inflows.
Despite the midmonth volatility that sent the S&P 500 down 5.5% for the month, the blue chip index rebounded, ended the month up 2.4%. The BarCap U.S. Aggregate rose 0.98% in the month.
