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September 01, 2020 1:32pm
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Investment Advisors Are Now the Biggest Holders of ETFs

Financial advisors now represent the largest owners of U.S.-listed exchange traded funds by assets, passing retail traders as more adopt the easy-to-use and cheap trading tool as a go-to investment vehicle. According to Citigroup, investment advisors now account for two-fifths of U.S.-listed ETFs...
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