Every Day Like Clockwork, $200 Million Flows Into One Growth ETF
- Young Nuveen fund has been flashing unusual flow patterns
- Assets have climbed to $2.7 billion in just a few weeks
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Less than a month ago, the Nuveen Growth Opportunities ETF had hardly any assets. Now it’s got a massive $2.7 billion -- and the gush of money has a weirdly repetitive rhythm to it.
For 13 out of 18 trading days, at about the 4 p.m. close in New York, someone has poured roughly $200 million into the exchange-traded fund. Among the industry pros who follow the money on Wall Street, it’s spurring speculation on just who is behind it.