“KBE is large cap bank oriented, and the ETF has risen about 4% from its 52 week low touched a few weeks ago,” Weisbruch wrote in a note Wednesday.
Shares of Citi and Wells Fargo were up about 1% in recent trading, while Bank of America (NYSE: BAC) and JP Morgan (NYSE: JPM) were fractionally higher before the Fed.
SPDR KBW Bank ETF
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