Despite some positive economic data to close the week (U.S. consumer sentiment rose more than expected in June), lingering fears that Greece is head for a Eurozone exit capped the ability of U.S. stocks to muster impressive gains for the week.
As usual, it was a busy week in the world of exchange traded funds. Investors continued pulling out of emerging markets ETFs and bond funds and it was another brisk week in terms of product launches. With that, let’s launch some of this week’s biggest ETF stories on ETF Trends.
Broad Market/Sector ETFs
These are go-go days for regional bank ETFs. [Regional Bank ETFs are Shining Bright]
A possible inflection point for utilities ETFs.
Checking in with two big biotech ETFs. [Two big Biotech ETFs With big Gains]
Another positive catalyst for the airline ETF. [Airline Profit Growth is Expected to Surge]
A healthcare ETF to remember.
Another industry ETF is loving rising Treasury yields. [Insurance ETFs are Perking up]