Utilities Sector ETFs Look Expensive
January 02, 2015 at 10:00 AM EST
Utilities stocks and related exchange traded funds look expensive as investors piled into the yield-generating asset in response to falling interest rates. The Utilities Select Sector SPDR (NYSEArca: XLU) has increased 15.3% over the past three months and rose 31.1% over 2014. After the recent...