Investors continued to flow into emerging market equity and bond exchange-traded funds (ETFs) last week, marking the 18th consecutive week of inflows for such funds.

Data compiled by Bloomberg shows that in the week ending February 20, US-listed emerging market ETFs—investing across multiple emerging market countries or in specific nations—collectively recorded inflows of $2.61 billion, compared with $3.98 billion the previous week. Year-to-date, total inflows have reached $32.7 billion.

Equity ETFs attracted $2.52 billion, while bond ETFs saw inflows of $85 million. Total assets under management increased from $500.8 billion to $511 billion.

The MSCI Emerging Markets Index rose 0.8% last week, closing at 1,567.23 points.

Among individual markets, South Korea recorded the largest inflow at $694.7 million, led by the iShares MSCI South Korea ETF.

This is the second consecutive week that South Korea has topped the inflow rankings; the previous week saw inflows of $1.36 billion.

No markets experienced outflows during the period.