A rocky start to the year for equities coupled with speculation that the Federal Reserve will be slow to raise interest rates this year, if the central bank does so at all, have been boons for rate-sensitive asset classes and sectors.
Utilities stocks and exchange-traded funds epitomize those trends. Just look at the Utilities SPDR (ETF) (NYSE: XLU). The largest utilities ETF by assets is getting bigger this year thanks to nearly $1.1 billion of inflows. Only six ETFs have added more new assets on a year-to-date basis.
Leading up to the Federal Reserve raising interest rates last month, the first such move ...
/www.benzinga.com/trading-ideas/long-ideas/16/02/6218832/bring-some-sexy-to-utilities-etfs alt=Bring Some Sexy To Utilities ETFs>Full story available on Benzinga.com
More...