Banking turmoil is fueling appetite for sector-specific ETFs. here’s why
It appears that sector-specific ETFs are gaining popularity as a way to cushion the fallout from the banking turmoil. According to VettaFi’s Todd Rosenbluth, the trend applies to ETFs that own only a few large companies in particular sectors. “[They’re] is going to be a complement to a broader S&P 500 strategy,” the firm’s head…