Stocks surged to end the first full trading of week of May after the April jobs report was enough to excite investors, but not so strong that the Federal Reserve will move to soon hike interest rates.
Following a skimpy March jobs number that was the lowest in nearly three years, U.S. employers added 223,000 jobs last month as the unemployment rate fell to 5.4%, the lowest level in seven years.
With that, let’s get into what was a busy week of headlines from the world of exchange traded funds.
Broad Market/Sector ETFs
An old favorite among materials ETFs finally shed its laggard status. [The Return of the Agribusiness ETF]
These ETFs have big exposure to the most cash-rich companies. [These ETFs Have Cash-Hoarding Companies]
Why this equal-weight ETF merits consideration.
A new ETF tracks an industry with compelling valuations. [New ETF for an Inexpensive Industry]
More M&A lifts biotech ETFs.
An important metric to watch with energy ETFs.