This year has been a perfect storm for real estate investment trusts (REITs) and the corresponding exchange-traded funds. Not only has the Federal Reserve passed on raising interest rates to this point in the year, but real estate will become the eleventh GICS sector at the end of August, providing another boost to REIT ETFs.
Investors are taking note of those themes, as real estate ETFs have been among this year's prolific asset gatherers at the sector level.
“Demand for US real estate securities accelerated in May, as exchanged traded funds focused on the investment segment gathered $1.31 billion of new money, up from $510.4 million in April. The popularity of REIT ETFs persisted last month even as health care and information technology ETF had net client withdrawals,” said S&P Capital IQ ...
/www.benzinga.com/trading-ideas/long-ideas/16/06/8142826/real-estate-etfs-keep-rocking alt=Real Estate ETFs Keep Rocking>Full story available on Benzinga.com
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