Good News for This Wall Street ETF?
June 23, 2016 at 08:10 AM EDT
Financial services exchange traded funds have been laggards, but ETFs heavy on investment banks, such as the iShares US Broker-Dealers & Securities Exchanges ETF (NYSEArca: IAI), have been particularly poor performers. For example, IAI is off 10.2% year-to-date. There are signs things are...