Drawbacks Linger for Bank ETFs Despite Rally Mode
July 07, 2017 at 10:41 AM EDT
The Financial Select Sector SPDR (NYSEArca:XLF) and rival financial services exchange traded funds have recently been in rally mode. In the case of XLF, the largest ETF tracking financial services stocks, that ETF is up nearly 4% over the past week following positive results from the Federal...