A Transportation ETF Accelerates on Ford’s New EV Pickup Truck
May 21, 2021 at 15:10 PM EDT
A transportation sector-related exchange traded fund is gaining speed as orders for Ford (NYSE: F) F-150 Lightning electric pickup trucks ramp up. The First Trust Nasdaq Transportation ETF (FTXR) gained 1.2% on Friday. Meanwhile, Ford Motor Co. shares surged 6.9% on Friday. Ford makes up 9.0% of...