ETF Trends
04-16-2008, 01:40 PM
ETF Trends - Keeping a Grip on Exchange Traded Funds (ETFs)
http://www.etftrends.com/images/2008/04/16/building.jpg (http://etftrends.typepad.com/photos/uncategorized/2008/04/16/building.jpg) Are investors finding bargain opportunities with home construction exchange traded funds (ETFs)?
The Commerce Department reported today that home construction dropped in March to a 17-year low, by 11.9%, reports Martin Crutsinger for the Associated Press (http://biz.yahoo.com/ap/080416/housing.html). Building permits also fell last month.
With the, the iShares Dow Jones US Home Construction (ITB (http://finance.yahoo.com/q?s=itb)) and the SPDR S&P Homebuilders (XHB (http://finance.yahoo.com/q?s=xhb)) shot up more than 4% midday. Both funds are up year-to-date, too: ITB is up 14.5%, while XHB is up 12.5%.
http://www.etftrends.com/images/2008/04/16/z.png (http://etftrends.typepad.com/photos/uncategorized/2008/04/16/z.png)
complete story here... (http://feeds.feedburner.com/~r/etftrends-feed/~3/271592421/home-constructi.html)
http://www.etftrends.com/images/2008/04/16/building.jpg (http://etftrends.typepad.com/photos/uncategorized/2008/04/16/building.jpg) Are investors finding bargain opportunities with home construction exchange traded funds (ETFs)?
The Commerce Department reported today that home construction dropped in March to a 17-year low, by 11.9%, reports Martin Crutsinger for the Associated Press (http://biz.yahoo.com/ap/080416/housing.html). Building permits also fell last month.
With the, the iShares Dow Jones US Home Construction (ITB (http://finance.yahoo.com/q?s=itb)) and the SPDR S&P Homebuilders (XHB (http://finance.yahoo.com/q?s=xhb)) shot up more than 4% midday. Both funds are up year-to-date, too: ITB is up 14.5%, while XHB is up 12.5%.
http://www.etftrends.com/images/2008/04/16/z.png (http://etftrends.typepad.com/photos/uncategorized/2008/04/16/z.png)
complete story here... (http://feeds.feedburner.com/~r/etftrends-feed/~3/271592421/home-constructi.html)