finance
U.S. Investors Bought $8.7 Billion of Equities Last Week, First Net Inflows in Three Weeks
ETFs drove a record $6.8 billion of the inflows, the highest weekly total since data began in 2017. Institutional investors led with $6.9 billion, their first weekly net purchase in four weeks, while hedge funds and retail investors also added to the buying.
May 7, 12:53 PM·1m read1 source
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U.S. equities last week, marking the first net buying in three weeks. 8 billion of last week's US equity purchases, the highest since data began in 2017.
9 billion. Eight of 11 sectors saw inflows last week. Technology, Consumer Discretionary, and Materials posted outflows. 9 billion, their first weekly purchase in four weeks.
@KobeissiLetter reported that institutional investors are piling into equities. 2 billion last week. Retail investors added $602 million. The data underscore a sharp rebound in institutional appetite after three straight weeks of net selling.
9 billion purchase reversed the recent pattern and outpaced both hedge fund and retail flows combined. ETF buying dominated the equity inflows. 8 billion figure for ETFs eclipsed all prior weekly totals in records stretching back to the start of data collection in 2017.
Sector participation remained broad despite the three laggards. 7 billion net purchase. Retail participation, while positive, trailed institutional and hedge fund activity.
2 billion from hedge funds. The breakdown highlights institutional leadership in last week's equity market activity. Their return to net buying after a four-week absence coincided with record ETF demand and the broadest sector participation in weeks.
