Smart money isn’t always smart, and following it blindly is unlikely to pay off. However, when you have institutional investors, politicians, and insiders all pile into an equity or an exchange-traded fund, there’s likely a reason behind it. In many cases, this sort of buying ends up being the prelude to an aggressive jump in price.
Institutions have far more resources than individual retail investors doing research on their own. So, when they decide to bet big on an ETF, they have a good rationale for it and are often not looking for a quick pop.
So here are three ETFs to look into with smart money buys.
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