Investing.com — Bank of America Securities said its clients sold US equities last week, offloading $3.9 billion following a near-record buying spree the previous week.
While clients sold individual stocks, they increased purchases of exchange-traded funds (ETFs). Mid and small caps experienced outflows, while large caps saw inflows.
All three major client groups—institutions, hedge funds,…
Customize a Pair of Nike Blazer Mid ’77 for $125
SHOP NOW
BofA clients sold equities last week, says institutional outflows could accelerate By Investing.com
Business News
