ETF Chart of the Day: Illuminating Utilities
April 01, 2014 at 12:06 PM EDT
We have seen some profit taking in the U.S. Utilities space, specifically with redemptions evident in XLU (SPDR Utilities Select Sector, Expense Ratio 0.18%) as well as some level of downside put buying. The fund has seen more than $300 million flow out going into quarter’send, noting that the ETF...