Investors seem to be moving more money to U.S.-based stock mutual funds.
In the week ended May 28, investors added a net $1.443 billion to U.S.-based funds, down from $1.542 billion added the previous week, according to
Funds that invest in U.S. stocks had a weekly inflow of $1.0 billion, compared to an outflow of $130 million last week. Funds that invest in non-U.S. stocks had an inflow of $443 million, down from an inflow of $1.672 billion the previous week.
Bond funds posted net outflows of $693 million, a big change from last weeks inflows of $4.943 billion.
TrimTabs said ETFs investing in U.S. stocks had outflows of $331 million, compared to outflows of $2.842 billion the week before. ETFs investing in non-U.S. stocks had outflows of $615 million, compared to inflows of $1.343 billion the previous week.
