The latest data from BAML ETF asset flows shows some interesting new and old trends.
Every week, Bank of America publishes a report outlining the major client trading trends of the week prior. The report provides an aggregated view of the bank's client trading flows into US stocks executed by the cash equities business of the firm. By aggregating flows across many execution platforms and trading desks, the data provides an overview of what sectors and market caps are being bought or sold, and what type of client is buying or selling. Since the financial crisis, the most consistent trend in the client flow data has been the net buying of ETFs and almost continual selling of single stocks by all client...

