PowerShares Bank ETF Joins $1 Billion Club
December 06, 2017 at 13:29 PM EST
With bank stocks surging, some exchange traded funds tracking the financial services sector are growing in a big way. That includes the PowerShares KBW Bank Portfolio (NASDAQ: KBWB). KBWB tracks the widely followed KBW Nasdaq Bank Index. That index “is a modified-market capitalization-weighted...