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Value's for Chumps as Market Puts Momentum ETFs Into Overdrive

For investors piling into the U.S. stock market, the investment choice is simple: ride the winners.

The S&P 500 Index has stormed into 2018 with a gain of nearly 5 percent as high flying tech and health-care shares keep rising. Investors chasing that momentum have pulled nearly $2.5 billion from one of the biggest value exchange-traded funds, a pace that would deliver a monthly record if it’s maintained.