Citigroup Shares Climb, Lifting Financial Sector ETFs

Citigroup (NYSE: C) shares surged Friday, lifting financial sector-related exchange traded funds after the bank posted second-quarter results that beat expectations in profits and revenue. On Friday, the Invesco KBW Bank ETF (KBWB) increased by 3.8% and the First Trust Nasdaq Bank ETF (FTXO) advanced by 4.2%. The broader and more widely observed Financial Select Sector [...] The post Citigroup Shares Climb, Lifting Financial Sector ETFs appeared first on ETF Trends .