TradingMarkets 7 ETFs You Need to Know for Monday
From a sector perspective, consumer stocks led the way on Friday, with exchange traded funds based on both cyclical and non-cyclical consumer markets outperforming at week’s end. Country ETFs remained mixed with the iShares FTSE /Xinhua China 25 ETF
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Here are 7 ETFs You Need to Know for Monday.
Up more than 1% after closing lower for three consecutive trading days was the Semiconductor HOLDRS ETF
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Despite returning strength to semiconductors, it was the Dow industrials – exemplified by the Dow DIAMONDS ETF
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Strength in consumer staples like Pfizer and Procter & Gamble sent the Proshares Ultra Consumer Goods ETF
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Exchange-traded funds representing the preferred shares of major corporations have pulled back for a second day in a row above the 200-day moving average. One example of this pullback can be seen in the two-day decline of the iShares S&P U.S. Preferred Stock Index ETF
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Plunging by more than 1%, the CurrencyShares British Pound Sterling Trust
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Precious metals-related ETFs also pulled back on Friday, with the SPDR Gold Shares ETF
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