Riding the Buyback Wave: 3 Must-Own ETFs for 2024

In 2023, ETFs attracted almost $600 billion in net flows. While this is still less than 2021’s $1 trillion record, the market demonstrates promising sustained growth. This is especially interesting for buyback ETFs.Last year exchange-traded funds investing in United States blue chips from the S&P 500 index attracted the highest share of global inflows into equity-focused ETFs in at least a decade. The Magnificent Seven stocks’ growth influenced the funds’ positions.The demand for such instruments will most ...