Markets

Tech & Media Merge in New SPDR ETF

Andrew McOrmond, Managing Director, ETF Trading Solutions, at WallachBeth Capital, discussed a new telecommunications ETF on CNBC on Monday that merges tech and media. It's called the Communications Services Select SPDR Fund (NYSEARCA: XLC) - it tracks the Communication Services Select Sector Index and "seeks to provide precise exposure to companies from the media, retailing, and software [...] 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.

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