Italian banks have been under pressure to sell assets to support their troubled balance sheets.

Related: Rome Extends Italy Banks, ETFs a Helping Hand

The iShares MSCI Italy Capped ETF includes a hefty 28.9% tilt toward the financials sector, including a 10.2% position in Intesa Sanpaolo.

Moreover, the broader iShares MSCI Europe Financials ETF (NYSEArca: EUFN), which the financials sector in the European region and a 4.7% weight toward Italy, was up 1.6% Tuesday.

For more information on Italy, visit our Italy category.

iShares MSCI Italy Capped ETF