Pros Ditched Bank ETFs too Soon
May 19, 2015 at 13:37 PM EDT
With today’s gain of 0.6% (at this writing), the Financial Select Sector SPDR (NYSEArca: XLF), the largest financial services exchange traded fund, is up 3.7% since the start of the second quarter. That is merely the tip of the iceberg with financial services ETFs. Just over 40 ETFs have hit...