S&P’s Picks for Regional Bank ETFs
January 12, 2012 at 15:46 PM EST
Regional bank exchange traded funds have been rallying the past few weeks to lead the financial sector and outperform large-cap banks. Year to date through Jan. 11, SPDR S&P Regional Banking ETF (NYSEArca: KRE) was up 7.4%, more than doubling the 2.9% gain for the S&P 500, according to...