ETFs with General Electric Down as Company Struggles with Turbine Issues
This article was originally published on ETFTrends.com.
Shares of General Electric dropped to a nine-year low, putting the hurt on exchange-traded funds (ETFs) with the largest holdings of GE, such as Davis Select US Equity ETF (NasdaqGM: DUSA), Oppenheimer S&P Ultra Dividend Rev ETF (NYSEArca: RDIV) and Industrial Select Sector SPDR ETF (NYSEArca: XLI). GE shares were down 4% as of 1:15 [...]