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 [...]

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