The Financial Select Sector SPDR (NYSEArca: XLF), the largest exchange traded fund tracking the financial services sector, and rival financial services ETFs have previously been highlighted as beneficiaries of the recently passed tax reform legislation. Now, investors are pondering what banks will do with their increasing cash stockpiles. Capital levels at major U.S. banks are viewed [...] Read more on ETFtrends.com.
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This article was provided by our partner Tom Lydon of etftrends.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.