|Bid||42.00 x 200|
|Ask||45.64 x 100|
|Day's Range||43.15 - 43.75|
|52 Week Range||32.50 - 47.00|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.35%|
Financial services stocks and exchange traded funds rose last week after the Federal Reserve said it will gradually begin unwinding its balance sheet and fixed income traders priced in increasing odds ...
On the day that traders returned from the long Labor Day weekend, several indexes tracking bank stocks broke down. It seemed to be the last straw in a banking sector that was already lagging. Indeed, the stock market rallied most of the year without any help from banks at all.
The central bank is expected to start shrinking its massive $4.5 trillion balance sheet that will bolster bank ETFs.