|Bid||32.08 x 1200|
|Ask||32.09 x 1300|
|Day's Range||30.64 - 32.23|
|52 Week Range||24.62 - 51.82|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-35.69%|
|Beta (5Y Monthly)||1.60|
|Expense Ratio (net)||0.42%|
With mergers and acquisition activity picking up, regional banks and financial sector ETFs that track smaller firms could benefit from the increased consolidation. There were 35 deals in the regional banking space last year, the highest number since 1999, and with the 2020 presidential election looming, buyers may be in a hurry to lock in deals in the first half of the year before a potentially new president comes to office, MarketWatch reports. “Bankers might have a short window to get those deals done,” S&P Global Market Intelligence said in a note.
The Federal Reserve could make major changes to bank rules and alleviate some of the pressure on the financial sector and related ETFs. The Fed said it would vote October 10 on a measure to ease liquidity ...
Bank sector-related ETFs found strength Monday as government bonds pulled back and yields climbed on easing investor fears surrounding a U.S.-China trade war that has shown signs of de-escalation. On Monday, ...
Regional banks and sector-related ETFs could be particularly sensitive to an inverted yield curve. “Asset sensitive” banks that are heavily weighted towards floating-rate loans could face a hit to their ...