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ETF Buyers Snap Up Bank-Heavy Funds Amid Climbing Interest Rates: (XLF) - (KRE)

FYI: Investors of exchange-traded funds are chasing chunky yields and pouring cash into strategies holding banks, hoping to profit from higher interest rates.

The $33 billion Financial Select Sector SPDR Fund, known by its ticker XLF, took in $942 million last week, the most since December. Buyers also grabbed the $5.3 billion SPDR S&P Regional Banking ETF, or KRE, which added $475 million over the five days, its largest weekly inflow since early December.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-09-24/etf-buyers-snap-up-bank-heavy-funds-amid-climbing-interest-rates?srnd=etfs

M* Snapshot XLF:
http://performance.morningstar.com/funds/etf/total-returns.action?t=XLF&region=USA&culture=en_US

M* Snapshot KRE:
https://www.morningstar.com/etfs/ARCX/KRE/quote.html
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