Exchange traded funds have just seen their biggest quarter ever. With one day left in the quarter, ETFs had inflows of roughly $134 billion in the first quarter of 2016 — a record, according to FactSet. Inflows were strong in March as well, about $45 billion, despite concern over the Trump Agenda.
The influx of cash has brought assets under management for ETFs to $2.78 billion, according to FactSet, an increase of about 4.7 percent. ETFs track an index or a category of assets, but unlike mutual funds, they trade the same way a common stock does.
