The last week of August 2014 will forever be known as the week in which the S&P 500 traversed and closed above the 2,000 level for the first time.
Not surprisingly, the ascent of the benchmark U.S. index has stoked inflows to exchange traded funds to S&P 500 ETFs, including the SPDR S&P 500 ETF (NYSEArca: SPY), the world’s largest ETF. Even with that inflows to U.S.-listed ETFs are just $12 billion this month. [S&P 500 ETFs See Inflows]
However, there are pockets of intrigue throughout the ETF universe, providing for an ample roster of compelling ETF stories this week.
Broad Market/Sector ETFs
Hedge funds love the stocks in these pharmaceuticals ETFs.
An all-time high for a financial services ETF. [Yes, a Financial Services ETF hits a New High]
A growing dividend ETF tops its rivals. [A Dividend ETF for Performance and Growth]
A different type of health care ETF produces big gains and new highs.
This dividend ETF has a wide moat advantage.
Smart beta ETFs: Focus on substance, not terminology. [Smart Beta: Distracted by the Wrong Issue]
Value is still in style as proven by this ETF.