"Year’s Most Popular U.S. Stock ETF Follows the 120-Year-Old Dow"
"Who says professional investors don’t give a hoot about the Dow Jones Industrial Average?
As major U.S. stock benchmarks hit all-time highs the dusty old Dow has taken on a new relevance to investors. No U.S. stock exchange-traded fund has pulled in more money in 2017 than the SPDR Dow Jones Industrial Average ETF, ticker DIA.
That ETF, which follows a quirky mix of 30 big-cap U.S. stocks, has pulled in some $2.6 billion in new assets, more than the $2.4 billion that has gone into the Vanguard S&P 500 ETF, according to data firm XTF. Among all ETFs, the iShares Core MSCI Emerging Markets has grabbed the most with $2.7 billion in new money."
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.