Materials ETFs Nudge Low After Peltz Loses DuPont Proxy Fight
May 13, 2015 at 12:00 PM EDT
Materials exchange traded funds with heavy exposure to Dow component DuPont (NYSEArca: DD) are trading slightly lower Wednesday after activist investor Nelson Peltz’s Trian Fund Management lost its effort to land four seats on the Delaware-based company’s board. The Materials Select Sector...