“We’re feeling pretty good about the economies,” Greg Hayes, chief financial officer of UTC, said in the article. “Europe seems to be coming out of the doldrums and the U.S. is performing about as expected.”
Investors capitalized on the improved manufacturing industry can take a look at industrial sector ETFs. For example, the Industrial Select Sector SPDR (NYSEArca: XLI) includes a 5.5% weight in UTX and 4.1% in HON; Vanguard Industrials ETF (NYSEArca: VIS) allocates 4.2% to UTX and 2.9% to HON; and iShares Dow Jones US Industrial Sector Index Fund (NYSEArca: IYJ) holds UTX 3.9% and HON 2.9%. [Industrial ETFs Again Catching Investors’ Attention]
Industrial Select Sector SPDR
For more information on the industrial sector, visit our industrials category.
Max Chen contributed to this article.