Raytheon Could Help Aerospace, Defense ETFs Fly Higher
This article was originally published on ETFTrends.com.
Aerospace and defense-related ETFs have been breaking into new all time highs, and the sector theme may continue to have legs. Year-to-date, the iShares U.S. Aerospace & Defense ETF (BATS: ITA) increased 16.2%, PowerShares Aerospace & Defense Portfolio (NYSEArca: PPA) advanced 14.9% and SPDR S&P Aerospace & Defense ETF (NYSEArca: XAR) jumped 21.0%. The aerospace [...]