Move over, technology.
The business overtook technology as the very crowded last month, the statistics reveals. Funds improved their relative weight (in comparison with all the S&P 500) in customer optional marginally in February, while powerful selling of semiconductor stocks pushed technology into its lowest relative burden in 15 months, according to the holdings data. The data reported by Bank of America Merrill Lynch were as of Feb. 22 and have been published using FactSet Ownership Database figures.
The post Investors have a new Preferred stock and Industry: Amazon and consumer shares appeared first on Retailnewsfeed.com.
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