|Bid||35.02 x 1000|
|Ask||0.00 x 2200|
|Day's Range||35.75 - 36.31|
|52 Week Range||32.10 - 43.90|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.09|
|Expense Ratio (net)||0.08%|
The U.S. equity rally is beginning to lose steam and investors should not expect markets to maintain their breakneck spurt of yesteryear. Nevertheless, traders may still find value in some battered sectors ...
The "Trump bump" sent financial stocks on a 14-month rally as Wall Street cheered the President's election promises to slash company taxes, reduce regulation and ease strict bank lending rules. The fund invests in financial stocks that make up the top 98% of the U.S. market by capitalization.
Rising borrowing costs are not necessarily a cause for concern as rising interest rates typically go hand in hand with a growing economy, and financial stocks and sector-related exchange traded funds may do especially well in this type of environment. "When yields experience large changes in short periods of time, stocks can struggle to digest the moves," Bernstein's Noah Weisberger said in a note, according to CNBC. "So long as signs continue to point to a growth-driven move in yields, we think that over the medium term, stocks will fare well," Weisberger added.
Wall Street ratings for Wells Fargo (WFC) have remained unchanged for the last two months, as a majority of the analysts are still bullish on the stock. Of the 32 analysts covering Wells Fargo stock, 17 provided a “strong buy” or “buy” recommendation. The stock received a “hold” stance from ten analysts, and the remaining five analysts have a “sell” or “strong sell” view on WFC stock.
If the U.S. is stuck in an escalating trade war, stocks and sector-related ETFs with the highest domestic sales exposure in the U.S. should begin to stand out. “If trade tensions continue to rise and new ...
Second-quarter earnings arrived for big banks in earnest last Friday amid a spate of reports from the financial services sector. Exchange traded funds tracking financial services stocks were tested last ...
As investors move toward the late innings of the economic cycle, it’s worth considering a handful of sector ETFs. Money managers are increasingly growing nervous over an upcoming recession amid higher ...
The Senate recently passed a bill to loosen some of the more draconian regulatory restrictions placed on banks in response to a post-financial downturn environment, potentially giving financial stocks ...
The U.S. equity market experienced a 10% drawdown in February, breaking into an official correction. If history has anything to say about it, the stock market and related exchange traded funds may enjoy ...
Along with other sector exchange traded funds, the Financial Select Sector SPDR (NYSEArca: XLF), the largest financial services ETF, has pulled back in recent days, but many market observers maintain the ...
Financial stocks and sector-related exchange traded funds have underperformed early in 2017 but have recently been among the top performing areas of the U.S. equity market. “In the current economic environment, ...