Thus, the fund has more of a “banking pure play” look and feel.
PowerShares offers a related ETF that tracks the KBW Bank Index (up until recently KBE tracked this KBW index), PowerShares KBW Bank Portfolio (NYSEArca: KBWB), and this product will likely be active in the near term as well.
SPDR S&P Bank
For more information on Street One ETF research and ETF trade execution/liquidity services, contact [email protected].