| Asset gathering by U.S.-listed exchange-traded funds has slowed significantly compared to last year, with investors piling into defensive sectors, according to a report by ETF.com.
ETF creations totaled $49 billion in 2016 through the end of May, or roughly half the net inflows for 2015. And according to ETF.com’s Cinthia Murphy, gold and fixed-income funds have led the charge. Of the $12 billion that found its way into commodity-focused ETFs, most of it landed in gold funds. In particular, the SPDR Gold Trust (GLD) alone lured $8.8 billion...............................................Full Article: Source
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