Bank ETFs Climb on Buffett’s Berkshire Bet on Financials
This article was originally published on ETFTrends.com.
Bank stocks and sector-related exchange traded funds were leading the markets higher after recent filings revealed Warren Buffett’s Berkshire Hathaway Inc. jumped in on the falling bank stocks to increase his bets on financials, hinting at the possibility of further merger and acquisition activity in the space. Among the top performing non-leveraged ETFs on Friday, [...]