UPDATE 1-U.S.-based stock ETFs rake in cash as Fed raises rates -Lipper

(Adds data on mutual funds and ETFs, context, analyst quote,

table, byline)

By Trevor Hunnicutt

NEW YORK, Dec 15 (Reuters) - Investors piled into stock

exchange-traded funds at the fastest pace since their

record-setting haul following the U.S. presidential election,

Lipper said on Thursday, as policymakers raised interest rates.

U.S.-based equity ETFs took in nearly $18 billion in cash in

the seven days through Wednesday, while U.S.-based stock mutual

funds posted cash withdrawal

Read more