Morgan Stanley

E*TRADE Releases Monthly Sector Rotation Study

Apr 1, 2022

Arlington, Virginia -

E*TRADE Securities LLC today released the data from its monthly sector rotation study, based on the E*TRADE customer notional net percentage buy/sell behavior for stocks that comprise the S&P 500 sectors.

About E*TRADE from Morgan Stanley and Important Notices

E*TRADE from Morgan Stanley provides financial services to retail customers. Securities products and services offered by E*TRADE Securities LLC, Member SIPC. Investment advisory services offered by E*TRADE Capital Management, LLC, a Registered Investment Adviser. Commodity futures and options on futures products and services offered by E*TRADE Futures LLC, Member NFA. Banking products and services are offered by Morgan Stanley Private Bank, National Association, Member FDIC. All separate but affiliated subsidiaries of Morgan Stanley.

More information is available at www.etrade.com.

The material provided by E*TRADE Securities LLC or any of its direct or indirect subsidiaries (E*TRADE from Morgan Stanley) is for educational purposes only and is not an individualized recommendation. This information neither is, nor should be construed as, an offer or a solicitation of an offer to buy, sell, or hold any security, financial product, or instrument discussed herein or to engage in any specific investment strategy by E*TRADE.

Past performance does not guarantee future results.

E*TRADE from Morgan Stanley, E*TRADE, and the E*TRADE logo are trademarks or registered trademarks of E*TRADE from Morgan Stanley. ETFC-G

ETFC

© 2022 E*TRADE from Morgan Stanley. All rights reserved.

Contacts:

E*TRADE Media Relations
646-521-4418
mediainq@etrade.com