The fund generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: diversified financial services; insurance; banks; capital markets; mortgage real estate investment trusts ("REITs"); consumer finance; and thrifts and mortgage finance. The fund is non-diversified.
Christopher McGratty, KBW head of U.S. bank research, joins 'Money Movers' to discuss the bifurcation between bulge bracket banks and the regionals, why the rate environment is more challenging for the regional banks, and more.
The first-quarter earnings reporting cycle is nearing an end. About 88% of the S&P 500 companies have reported so far in Q1 with 5% growth in earnings and 4.2% growth in revenues.
The value style of investing is expected to outperform the technology sector, which is over-owned and losing momentum. iShares U.S. Financial Services ETF is a passively managed fund th
The Financial Select Sector SPDR Fund (NYSE ARCA: XLF) ETF gives investors an opportunity to gain exposure to North America's leading names in financial services, including heavy-hitting S&P 500 stocks, in one fund.
The Financial Select Sector SPDR ETF NYSE: XLF has spent several months consolidating above the critical $40 level, resistance from 2021 and early 2022. Now, it's at a critical juncture, only 3.3% off from its all-time high.
The Financial Select Sector SPDR ETF NYSE: XLF has spent several months consolidating above the critical $40 level, resistance from 2021 and early 2022. Now, it's at a critical juncture, only 3.3% off from its all-time high.
Gerard Cassidy, Head of US Bank Equity Strategy at RBC Capital Markets, discusses interest rate pressure on the banking industry, a credit crunch, and Jamie Dimon's comments this week at the Economic Club of New York. He speaks with Tom Keene and Paul Sweeney on Bloomberg Radio.
UBS pointed out that rapid earnings growth recorded by the big six tech giants over the past year is now ebbing. Hence, this could be the time to bet on non-cyclical sectors.
Designed to provide broad exposure to the Financials - Broad segment of the equity market, the Financial Select Sector SPDR ETF (XLF) is a passively managed exchange traded fund launched on 12/16/1998.
On this episode of the “ETF of the Week” podcast, VettaFi's Head of Research Todd Rosenbluth discussed the SPDR S&P Insurance ETF (KIE) with Chuck Jaffe of “Money Life.” The pair talked about several topics regarding the fund to give investors a deeper understanding of the ETF overall.