Saudi Arabia's $300 billion wealth fund ditched Facebook, Disney, and Boeing stocks, and poured billions into ETFs in the second quarter

Business Insider

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· *Saudi Arabia's sovereign wealth fund, which is among the largest in the world, released investments it bought and sold in the second quarter in an SEC filing.*
· *The state-backed Public Investment Fund exited its investments in major US corporates such as Boeing, Facebook, Marriott, and Disney, according to the...

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