Financial ETFs Among Hated Plays of Past Week
June 20, 2018 at 14:57 PM EDT
A pullback in Treasury yields and the pending results of bank stress tests have weighed on some financial sector investors’ minds, triggering large outflows out of bank-related ETFs. For instance, the iShares U.S. Financial Services ETF (NYSEArca: IYG) experienced $174 million in redemptions...