Retail Investors Drive Record Inflows to Software ETF
Retail traders bought a net 46 million dollars in a US software ETF on Monday. The record inflow suggests the AI trade is broadening into the software sector.
Retail investors poured a record net $46 million into the iShares Expanded Tech-Software Sector ETF on Monday. This inflow surpassed the previous single-day record by 40% as individual traders bet on an AI-driven recovery. The surge suggests the artificial intelligence trade is broadening beyond semiconductor manufacturers to include software service providers.
### Retail Sentiment Shifts Toward Software Mom-and-pop traders drove the record buying in the iShares Expanded Tech-Software Sector ETF during the Monday session. Data from Vanda Research showed this activity eclipsed the prior record of $32.8 million set in early February. The ETF jumped 5.9% during the rally, reaching its highest level in five months.
