What's Hotter Than the S&P 500? How About an S&P 500 ETF: ChartBy
The S&P 500 Index posted its best day in almost four months Wednesday, climbing 1.4 percent to a record close following President Donald Trump’s speech before Congress. But that’s nothing compared to the biggest exchange-traded fund tracking the index. Investors poured more than $8.2 billion into the $250 billion SPDR S&P 500 Fund, data from Bloomberg show, making it the ETF’s biggest daily inflow since December 2014.