Homebuilder ETFs Jump with Homeownership on the Rise
This article was originally published on ETFTrends.com.
Homebuilders stocks and sector-related ETFs led the charge on Tuesday as the homeownership rate in the U.S. gains momentum. On Tuesday, the SPDR S&P Homebuilders ETF (NYSEArca: XHB) advanced 3.4%, iShares U.S. Home Construction ETF (NYSEArca: ITB) increased 3.2% and Invesco Dynamic Building & Construction ETF (NYSEArca: PKB) rose 3.2% Supporting the gains in the [...]