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U.S. investors charge back into stock ETFs during latest week: ICI
May 23, 2018 1:36 PM EDTBy Trevor Hunnicutt
NEW YORK (Reuters) - Investors raced into U.S. stock exchange-traded funds during the latest week, restoring at least briefly a key pillar of support for markets, data from the Investment Company Institute showed on Wednesday.
U.S.-based equity ETFs collected $11.2 billion during the week through May 16, according to the ICI trade group, the most since mid-March's high-water mark for the year in terms of demand.
The week included gains in small-capitalization... More
