Software ETF Records $46M Inflows as Salesforce Jumps 7.5%
CRM•The iShares Expanded Tech-Software Sector ETF attracted a record $46 million in retail inflows on Monday, 40% above its prior $32.8 million high, propelling the ETF up 5.9%. Salesforce shares jumped approximately 7.5%, joining peers like Adobe and Workday in a broad sector rally.
1. Record ETF Inflows Drive Sector Rally
The iShares Expanded Tech-Software Sector ETF drew $46 million in retail inflows on Monday, surpassing its previous $32.8 million single-day record by 40%, signaling renewed investor confidence in software names as AI disruption fears subside.
2. ETF Hits Highest Level In Months
These inflows propelled the ETF up 5.9% to its highest closing level in roughly five months, marking the strongest one-day gain this year and reflecting a shift of capital back into software stocks.
3. Salesforce Participates in Broad Stock Rally
Salesforce shares climbed about 7.5% alongside peers such as ServiceNow, Adobe, Atlassian and Workday (rallying 7.5%–9.6%), underscoring that enterprise software demand remains robust despite earlier AI-driven uncertainty.
