“Sell in May” Theory Confirmed with $19B in Equity ETF Outflows

This article was originally published on ETFTrends.com.

“Sell in May” saw investor capital go away from equity exchange-traded funds (ETFs) during that month. It was the largest monthly outflow in history for equity ETFs, which reached a record $19 billion, according to a State Street Global Advisors Report. With the outflows in equity ETFs, the money was mostly sucked up by fixed [...]

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