For the first time since the end of April, investors pulled more money out of exchange-traded funds and exchange-traded notes than they put in, resulting in a net outflow of $238 million for the month, according to statistics released Monday by the National Stock Exchange, an all-electronic stock exchange.
In contrast, ETFs and ETNs posted net inflows of $23.7 billion in October, according to the exchange. For the year, cash flows were positive with an inflow of $101.4 billion. The same time period last year saw a cash inflow of $99.7 billion.
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