An Important Signal For a Big Utilities ETF
This article was originally published on ETFTrends.com.
Investors were jittery late in the second quarter, a scenario that boosted some usually conservative sectors, including utilities. While the Utilities Select Sector SPDR (NYSEArca: XLU), the largest utilities ETF by assets, is still sporting a small year-to-date loss, the benchmark utilities fund June in style. In fact, XLU is in the midst of an [...]