Tags: Investors | US-based | Stock | Funds

Investors Pull $7 Billion from US-based Stock Funds

Thursday, 08 May 2014 05:15 PM

Investors in U.S.-based funds pulled $7 billion out of stock funds in the week that ended Wednesday, more than the two previous weeks' worth of net inflows, data from Thomson Reuters' Lipper service showed on Thursday.

That was the largest such outflow since early February, turning the four-week moving average to outflows for the first time since mid-February.

Editor's Note: Keep Your Money Safe From The Next Stock Market Crash

Investors pulled $8.6 billion out of stock exchange-traded funds while committing $1.6 billion to stock mutual funds. ETFs are thought to represent the institutional investor, while mutual funds are commonly purchased by retail investors.

Taxable bond funds attracted $4.7 billion in inflows, marking their ninth straight week of inflows.

Low-risk money market funds posted $17.8 billion in net new cash, the largest such inflows since December.

© 2017 Thomson/Reuters. All rights reserved.

 
1Like our page
2Share
InvestingAnalysis
Investors in U.S.-based funds pulled $7 billion out of stock funds in the week that ended Wednesday, more than the two previous weeks' worth of net inflows, data from Thomson Reuters' Lipper service showed on Thursday.That was the largest such outflow since early February,...
Investors, US-based, Stock, Funds
136
2014-15-08
Thursday, 08 May 2014 05:15 PM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved