Micro investing apps bank of America’s latest retail flow

Bank of America’s latest retail flow report shows that micro investing apps have accelerated capital inflows to defensive sectors, a pattern that could cushion portfolios against macro risks in Compare costs: Free apps are great for basic needs, but paid options may be worth it for advanced features. Acorns is a micro-investing app geared toward minors, young adults, and millennials that's perhaps best-known for its "Round-Ups" program. Energy sector volatility has pushed micro investing app users toward ETFs and blue-chip dividend stocks. Reports show consistent inflows into energy dividend ETFs through these platforms, potentially signaling a hedging strategy among retail traders.