This was the week that was -- and it was filled with killer flows.
For the week ending June 11, stock funds worldwide pulled in $11.4 billion in flows, according to data from a report published by Bank of America Merrill Lynch Global Research
The data caught the attention of both MarketWatch
The level of the flows was the highest for stock funds since early February. Emerging markets pulled in $2.3 billion while U.S. stock funds garnered $5.1 billion.
One important detail to note from these flows: $9.1 billion went to ETFs.
It just so happens that J.P.Morgan
enters the ETF space on Tuesday
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