The SPDR S&P 500 ETF Trust (SPY) pulled in $2.1 billion, increasing its assets under management to $598.8 billion, according to data provided by FactSet. This inflow came as the S&P 500 rose 0.7% on Tuesday, wiping out its year-to-date losses.

The Vanguard S&P 500 ETF (VOO) attracted $1.3 billion while the FT Vest U.S. Equity Buffer Fund – May (FMAY) added $768.8 million. The iShares Semiconductor ETF (SOXX) gained $353.6 million as Nvidia Corp. (NVDA)  jumped 5.6% on news it would send 18,000 AI chips to Saudi Arabia, lifting other chip stocks like Broadcom Inc. (AVGO) and Advanced Micro Devices Inc. (AMD).

On the outflow side, the Vanguard Long-Term Corporate Bond ETF (VCLT) saw redemptions of $935.9 million. The Direxion Daily Semiconductor Bull 3x Shares (SOXL) experienced outflows of $409.7 million, while the iShares Russell 1000 Value ETF (IWD) lost $406.3 million.

U.S. equity led asset classes with inflows of $5.9 billion as the Nasdaq climbed 1.6%, while commodities ETFs experienced outflows of $445.6 million. Overall, ETFs gained $6.6 billion in net inflows as markets built on Monday’s momentum following easing U.S.-China trade tensions and softer-than-expected inflation data that showed CPI increased 2.3% year over year in April.

Disclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data are believed to be accurate; however, transient market data are often subject to subsequent revision and correction by the exchanges.