Defense ETFs Are Under Fire From Trump

Markets ETF Trends

After strengthening on what many believed would be a more hawkish administration ahead, aerospace and defense sector exchange traded funds are under attack, with President-elect Donald Trump taking aim at Pentagon’s high expenditures. On Monday, the iShares U.S. Aerospace & Defense ETF (NYSEArca: ITA) fell 1.3%, PowerShares Aerospace & Defense Portfolio (NYSEArca: PPA) dropped 1.3%…Click to read more at ETFtrends.com.

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