Cold Outside Means Warmth for Utilities ETFs
March 26, 2014 at 16:07 PM EDT
Rising utility bills during the coldest winter weather in 32 years, along with coal and nuclear plant closures, are bolstering utilities sector exchange traded funds. The Utilities Select Sector SPDR (NYSEArca: XLU) has increased 8.3% year-to-date, outperforming all other SPDR sector ETFs so far...