Demand for US ETFs soars

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GLOBAL - The number of institutional investors using US ETFs or HOLDRS rose 27% in the last year, according to a report issued by Deborah Fuhr, executive director of investment strategies at Morgan Stanley.

Looked at over a six-year period, the number of institutional investors holding one or more US-listed ETFs had increased 345%, with the SPDR (S&P 500) and NASDAQ 100 the most widely held ETFs. U...

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