Utility Sector ETFs Ascend to Record Highs
This article was originally published on ETFTrends.com.
Stocks tumbled on Friday, but the utilities sector stood tall. Utilities, traditionally a safe-haven sector, lived up to that reputation on Friday when the Utilities Select Sector SPDR (NYSEArca: XLU), the largest utilities ETF by assets, and rival utilities ETFs ascended to record highs. Utilities ETFs hitting all-time highs has been a regular event in [...]