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Blue-Chip ETFs Hold Up During Massive Selloff in Tech Shares

  • BlackRock’s VLUE had its best week of inflows on record
  • AT&T, IBM and Citigroup are among fund’s biggest holdings
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As the brutal technology rout deepens, exchange-traded fund investors are placing bets on value.

BlackRock Inc.’s iShares MSCI USA Value Factor ETF (VLUE) had its best week of inflows on record, according to data compiled by Bloomberg. The fund has blue chips such as AT&T Inc., International Business Machines Corp. and Citigroup Inc. among its biggest holdings. Meanwhile, the $37 billion iShares Russell 1000 Value ETF (IWD) took in the most cash since March last week.