Too-Big-To-Fail Programs Help Aerospace ETFs Fly
April 23, 2014 at 07:30 AM EDT
Despite federal budget cuts, large U.S. defense companies saw continued growth, providing the wind beneath aerospace and defense sector exchange traded funds’ wings. The iShares U.S. Aerospace & Defense ETF (NYSEArca: ITA) rose 4.0% over the past week and is up 3.4% year-to-date. As the...