Utilities ETFs Regain Some Lost Love
July 11, 2018 at 12:45 PM EDT
After slumping to start 2018, the Utilities Select Sector SPDR (NYSEArca: XLU), the largest utilities ETF by assets, and rival utilities funds have come roaring back to life. XLU surged to end the second quarter and is higher by nearly 7% over the past month. Recently, Morgan Stanley has upgraded...