|Bid||48.57 x 1100|
|Ask||54.50 x 1100|
|Day's Range||51.24 - 51.70|
|52 Week Range||42.21 - 59.16|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.31|
|Expense Ratio (net)||0.35%|
Though the latest steepening of the yield curve benefited bank ETFs on Sep 9, chances of volatility in the longer-term period may keep gains in bank ETFs at check.
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 ...
Banks, given their attractive yields and reliable earnings, have been put forth by some market observers as a possible alternative to utilities. But there are some key differences investors should know about.
The financial sector and bank ETFs may continue to gain momentum as the better-than-expected fourth quarter results and improving outlook help lift sentiment on this cheap segment of the market. Goldman ...
Bank stocks and sector-related bank ETFs plunged on Friday, despite strong third quarter profit results. Meanwhile, the broader Financial Select Sector SPDR (NYSEArca: XLF) fell 0.9%. J.P. Morgan Chase (JPM) , Citigroup (NYSE: C) , Wells Fargo (WFC) and PNC Financial Services (PNC) all revealed strong quarterly results on Friday, but the markets did not appear impressed.
Wall Street banks are expected to report on a big three-month run, but a profitable quarter may not be enough for bank ETFs. Year-to-date, the iShares U.S. Regional Banks ETF (NYSEArca: IAT) gained 2.2%, ...
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.