Analysis: Institutional investors sold $11 billion worth of U.S. stocks last week and are now shifting to a wait-and-see stance.

BlockBeatNews

BlockBeats News, March 27 — The Kobeissi Letter reported that institutional investors sold a net $11 billion of U.S. stocks last week, the largest single-week sell-off in nearly five weeks. In the previous three weeks, institutions had been net buyers, totaling $12.6 billion.

Meanwhile, hedge funds bought a net $1.8 billion of U.S. stocks, ending a four-week streak of selling; retail investors sold a net $80 million, marking the third net sell-off in the past 10 weeks.

Overall, U.S. stock net outflows last week totaled $9.3 billion, up from $1 billion outflow the previous week, bringing the total outflow over the past 16 weeks to $25.5 billion. Individual stock funds saw an outflow of $8.3 billion, the fourth-largest weekly outflow since 2008; ETF outflows reached $1.1 billion, the highest in nearly six months. Institutional investors are gradually shifting to a wait-and-see stance.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments