{"id":77394,"date":"2024-03-12T10:14:10","date_gmt":"2024-03-12T15:14:10","guid":{"rendered":"https:\/\/equitynewsreport.com\/bofa-equity-client-flow-trends-outsized-communication-services-inflows-continue\/"},"modified":"2024-03-12T10:14:10","modified_gmt":"2024-03-12T15:14:10","slug":"bofa-equity-client-flow-trends-outsized-communication-services-inflows-continue","status":"publish","type":"post","link":"https:\/\/equitynewsreport.com\/h\/bofa-equity-client-flow-trends-outsized-communication-services-inflows-continue\/","title":{"rendered":"BofA equity client flow trends: &#8216;Outsized&#8217; communication services inflows continue"},"content":{"rendered":"<div readability=\"59\">\n<div id=\"imgCarousel\" class=\"imgCarousel\">\n<img decoding=\"async\" alt=\"BofA equity client flow trends: 'Outsized' communication services inflows continue\" id=\"carouselImage\" src=\"https:\/\/i-invdn-com.investing.com\/news\/LYNXMPEA601E0_L.jpg\"><br \/>\n<span class=\"text\">\u00a9 Reuters. BofA equity client flow trends: &#8216;Outsized&#8217; communication services inflows continue<\/span><br \/>\n<i class=\"imgGrad\"><\/i>\n<\/div>\n<p>In its equity client flow trends note to clients this week, BofA analysts said there were continued stock and ETF inflows last week, with the firm&#8217;s clients net buyers of US equities for a fourth week.<\/p>\n<p>According to Bank of America, clients bought both single stocks and ETFs, with bigger inflows into the former. The firm&#8217;s institutional clients were net buyers (alongside corporates) for a third consecutive week, while hedge fund and retail clients were net sellers for the first time in three weeks and fifth week, respectively.<\/p>\n<p>Meanwhile, corporate client buybacks accelerated and are &#8220;tracking above the typical seasonal levels at this time for the first time in four weeks.&#8221; <\/p>\n<p>The investment bank also noted more communication services inflows, while there were outflows in the healthcare sector. <\/p>\n<p>The &#8220;outsized&#8221; communications services inflows continued, said BofA, with the sixth largest weekly inflow in their data history and &#8220;record inflows most weeks YTD.&#8221; It also has the longest recent buying streak of any sector at 19 weeks. <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u00a9 Reuters. BofA equity client flow trends: &#8216;Outsized&#8217; communication services inflows continue In its equity client flow trends note to clients this week, BofA analysts said there were continued stock and ETF inflows last week, with the firm&#8217;s clients net buyers of US equities for a fourth week. According to Bank of America, clients bought both single stocks and ETFs, with bigger inflows into the former. The firm&#8217;s institutional clients were net buyers (alongside corporates) for a third consecutive week, while hedge fund and retail clients were net sellers for the first time in three weeks and fifth week, respectively. [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":77395,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[50,48,49,3],"tags":[],"_links":{"self":[{"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/posts\/77394"}],"collection":[{"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/comments?post=77394"}],"version-history":[{"count":0,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/posts\/77394\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/media\/77395"}],"wp:attachment":[{"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/media?parent=77394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/categories?post=77394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/equitynewsreport.com\/h\/wp-json\/wp\/v2\/tags?post=77394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}