3 Sorry Insurance Stocks to Sell in May While You Still Can
Brighthouse Financial(BHF) Investor Place·2024-05-30 21:18
Financial and financial technology stocks have had a decent run ever since interest rates rose. The Financial Select Sector SPDR Fund (NYSEARCA:XLF) is an exchange-traded fund that tracks 71 equities in the financial sector, including banking and insurance companies. The ETF has $39 billion in assets under management and has risen 28% over the past 12 months, edging out the S&P 500.Similarly, the ARK Fintech Innovation ETF (NYSEARCA:ARKF), which holds 33 fintech stocks, skyrocketed 44% over the same period. ...