In the Margins

Investors pile into stock ETFs

December 16, 2016

By Reuters

Money flowed into stock exchange-traded funds at the fastest pace since flows that immediately followed the U.S. presidential election, Lipper said on Thursday, as the Federal Reserve raised interest rates. U.S.-based equity ETFs took in nearly $18 billion in cash in the seven days through Wednesday, while U.S.-based stock mutual funds posted cash withdrawals of $11 billion for the same period, according to Lipper data. Read the original story from Reuters.

 

 

Most Read

10 Things
10 Women...who chair the Audit Committee

The percentage of female independent directors serving on mutual fund boards has increased impressively in recent years, jumping from about 20% 10 years ago to nearly 40% ...