Hedge Fund Movements Push Long Stock Exposure To All-Time High

ETFs are not just popular with retail investors, the instruments have become a great tool for hedge funds as well. According to Bank of America's latest Hedge Fund Quarterly report, which looks as aggregate hedge fund movements on a quarterly basis, based on the quarterly 13F filings and estimated short positions of the equity holdings of 955 hedge funds, funds are actively using ETFs as a hedge.

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