Why is the ratio of stocks making 52 week highs-lows so different then that for mutual funds?

I just took a glance at stock charts, specifically this page right here...
http://stockcharts.com/def/servlet/SC.scan
According to this page, there are 34 stocks making new 52 week highs on the Nasdaq, NYSE, AMEX, and TSE, and only 25 making new 52 week lows, for a 34 to 25 ratio (that almost sounds bullish).
Yet only 4 mutual funds are making 52 week highs, and 101 are making 52 week lows.
What is the significance of this information?

Best Answer

readytoretire answered a question in General Market.
2222 points

readytoretire answered 10 months ago …

As mutual funds normally invest in more established/larger companies, that would indicate that the companies hitting new highs are smaller or newer ones that aren't in many mutual funds.

Read more from readytoretire