bank ETFs

Legendary investor, fund manager and PIMCO co-founder Bill Gross sees extraordinary long-term value in regional banks. In a tweet posted on Oct. 30, Gross said he sees regional bank stocks as a “falling knife” that “hasn't hit ground yet“. Back in April, the Bond King had...

Broadly speaking, political donors on Wall Street backed Democrat Hillary Clinton in this year's presidential election. Judging by the reaction to Republican Donald Trump's stunning upset, financial services stocks and the corresponding exchange-traded funds are comfortable with the idea of...

There is often a fine line between legitimate value and value traps. Where the laggard financial services sector and its corresponding exchange-traded funds fall this year is up for debate, but there is no debating that the S&P 500's second-largest sector weight is a dud to this point in...

Shares of the Financial Select Sector SPDR Fund (NYSE: XLF) were trading lower Friday afternoon, which has investors worrying about the outlook for the banking sector. The Current Case Against Banks FBR Capital Markets' Paul Miller was a guest on CNBC's "Squawk On The Street" segment on Friday to...

In the week since the Federal Open Market Committee (FOMC) meeting minutes revealed the Federal Reserve could raise interest rates for the first time this year in June, financial services stocks and exchange-traded funds are reacting as expected. For example, the Financial Select Sector SPDR Fund (...

This year is barely more than four months old, but it is not a stretch to say investors are tired of hearing about the negative impact low interest rates are having on financial services stocks and the relevant exchange-traded funds. The Financial Select Sector SPDR Fund (NYSE: XLF), the largest...

The Federal Reserve is just days away from raising interest rates for the first time in nearly a decade. At least that is the point of view being reflected by Fed funds futures. That point of view is also being reinforced by investors' enthusiasm for financial services exchange funds, namely...

As the Federal Reserve ebbs closer to its first interest rate hike in nine years, investors' enthusiasm for bank stocks and exchange-traded funds is growing. That much is reflected by the Select Sector Financial Slct Str SPDR Fd (NYSE: XLF). The Largest Financial Services ETF XLF, the largest...

As the Federal Reserve appears set for its first interest rate hike in nine years, it is not surprising that financial services stocks and exchange-traded funds are garnering increased attention. Over the past three months, it is hard to find a bank-heavy ETF that has not easily outpaced the S&...