It appears investors are still adding to their stock funds and exchange traded funds (ETFs), although they’re doing so at a slower pace. Equity funds pulled in $1.6 billion in net new money for the week, ending Wednesday. According to TrimTabs, this is down from $9.4 billion the previous week. Equity stocks that focus on U.S. stocks fell out of favor, losing $87 million reports Rob Lenihan forTheStreet.com. Non-U.S. stocks were still taking in new money, just at a slower pace than a week ago. International funds were still experiencing inflows; however, the flows are weak right now.
ETFs that invest in U.S. stocks saw outflows at $2.6 billion during the past week, whereas ETFs that focus on non-U.S. stocks took in $1.9 billion. That’s down $3 billion from the week before. Bond funds saw $2.2 billion in new money, which is down from $2.3 billion the previous week.
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