This article was originally published on ETFTrends.com.
The Energy Select Sector SPDR (NYSEArca: XLE), the largest equity-based energy exchange traded fund, and rival energy funds continue notching gains. With Thursday’s positive performance, XLE is up more than 3% over the past week. Yesterday, four energy ETFs hit record highs while over 30 such funds, including XLE, hit 52-week highs. Oil prices recently [...]