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BOAML: Liquidity, Valuations In Focus As ETF Ownership Of S&P 500 Surges:

TedTed
in The Bullpen
FYI: Higher single-stock volatility, valuation distortions and liquidity concerns could grow due to the surge in popularity of exchange-traded funds (ETFs), which now account for more than a third of U.S. ownership of the S&P 500, Bank of America/Merrill Lynch (BofA/ML) said.
Regards,
Ted
http://www.cnbc.com/2017/07/05/liquidity-valuations-in-focus-as-etf-ownership-of-sp-500-surges-bofa-ml.html
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