XLF rose 21.9% in the first quarter, outperforming the 12.6% gain posted by iShares S&P 500 (NYSEArca: IVV), according to Morningstar. However, the financial ETF is dropping below its 200-day exponential moving average for the first time in about four months.
Tudor also purchased 238,000 shares of Market Vectors Gold Miners ETF (NYSEArca: GDX) in the first quarter, according to the Bloomberg story. [Junior Gold Miner ETF Hits All-Time Low]
Financial Select Sector SPDR Fund
