Bank of America retail customers put more money into U.S. stocks in January than average
2025-01-14 16:25:16
Retail investors are buying U.S. stocks at a faster pace than usual, data shows. Bank of America's retail clients have put more money into U.S. stocks as a percentage of market capitalization than the January average. Bank of America retail clients bought U.S. stocks for the fifth week in a row as of January 10, but outflows from exchange-traded funds (ETFs) were the largest in a year, according to quantitative strategists such as Jill Carey Hall, who wrote in a research note on Tuesday. Institutional investors made small net purchases last week, while hedge funds sold for the sixth week in a row. Institutional and hedge fund clients typically sell U.S. stocks in January, strategists said. From a sector perspective, communications services and healthcare led the buying, while consumer staples, industrials and utilities saw outflows. Retail money flowed most into healthcare and financials.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article:
美国银行散户客户1月投入美股的资金高于平均水平Next article:
英国央行将设立数字英镑实验室,探索CBDC创新应用