|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||43.09 - 43.51|
|52 Week Range||32.50 - 47.00|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.35%|
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.
Nearly eight years to the day after Lehman Brothers collapsed and set fire to the financial world, analyst Mike Mayo said the industry has rebounded.