Procter & Gamble Strength is Feeding Gains for ‘XLP’ ETF

Procter & Gamble has been around long before the advent of exchange-traded funds (ETFs), but funds heavy with the stock like Consumer Staples Select SPDR (NYSEArca: XLP) are feeding off its strength. As of May 5, XLP has 15 percent allocated to Procter & Gamble, which is flirting with a...