We are remaining long XLI on expectations that implementation of Dovish Policy, Geopolitical tailwinds and a broad array of business lines will insulate the sector from downside risks
During the 2nd quarter, Sumitomo Mitsui Trust Holdings Inc. decreased its ownership in Republic Services, Inc. by 11.0%, as reported in its latest Form 13F filing.
We are remaining long XLI as it is deeply oversold near-term and tactically attractive if we see profit taking from L/T winning sectors XLK and XLC
Symbols mentioned in this story include SPLV, RSG, ROP, and CL. Exchange traded funds (ETFs) operate similarly to stocks, with investors buying and selling units instead of shares.
SPLV, RSG, ROP, CL are ETFs experiencing outflows. Read More »
We are remaining long XLI as it is deeply oversold near-term and tactically attractive if we see profit taking from L/T winning sectors XLK and XLC. We also like it as a partial hedge to our short position in XLE. Our Elev8 Sector Model debuts with an OVERWEIGHT in XLI of 2.46%
Symbols referenced in this narrative are USMV, PGR, WCN, RSG. Exchange traded funds (ETFs) function similarly to stocks, with investors trading “units” instead of “shares.”
Large outflows have been identified in the ETFs USMV, PGR, WCN, and RSG. Read More »
Stay updated with the latests analysis and insights fromm etfsector.com