KBWB, KBWR Have Investors Banking on the Banking Sector
February 26, 2021 at 09:17 AM EST
Historically speaking, rising rates are a boon for bank stocks and the related exchange traded funds. Up nearly 5% over the past week, the Invesco KBW Bank ETF (NASDAQ: KBWB) is proving the point. KBWB tracks the widely followed KBW Nasdaq Bank Index. “The Index is a modified-market...