SP

Sarah Ponczek

Bloomberg

Covers

Publications

  • Bloomberg
    1 article

Writes Most On

ExchangetradedFundPessimismSPDRStateStreetStateStreetCorporation
  • Financials ETF Flows Another Signal Bank Earnings Didn't Impress
    19 Apr 2018—Bloomberg
    State Street’s XLF had most outflows in months on Wednesday ‘Significant pessimism on the part of some investors’ Bank earnings have been record-breakingly good, but not good enough to excite exchange-traded fund investors. The largest ETF tracking the banking industry, State Street Corp.’s Financial Select Sector SPDR Fund, known by its ticker XLF, had $460 million yanked from its coffers Wednesday. It was the fund’s largest single-day loss since January, and it follows two days of outflows...

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