For the week ending Wednesday, December 26, mutual funds and exchange-traded funds reported net inflows of $3 billion, excluding the inflows of $18.2 billion to money market accounts, according to data from Lipper.

“Those investors who did not feel that cash would be the best place to end the year continued to look toward equity funds (+$3.0 billion net) and, more specifically, equity ETFs; that group accounted for $2.5 billion of the total inflows,” wrote Matthew Lemieux, senior analyst at Lipper.

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