Why Bank ETFs May Need a Rest
February 23, 2018 at 11:46 AM EST
The Financial Select Sector SPDR (NYSEArca: XLF), the largest exchange traded fund tracking the financial services sector, and rival financial services ETFs have been solid performers dating back to last year. For example, XLF is up 18% over the past 12 months. Capital levels at major U.S. banks...