Investors Slow Stock Fund Purchases

Investors kept adding to their stock fund holdings over the past week, but at a slower pace.

Equity funds pulled in $1.6 billion of net new money during the week ending Wednesday, according to TrimTabs Investment Research of Santa Rosa, Calif. That was down sharply from $9.4 billion the previous week.

Equity funds that invest primarily in U.S. stocks fell out of favor, with $87 million walking out the door. By comparison, they pulled in $5.5 billion of new money the previous week. ...