ETFs Ed Hochuli Might Like
Just some Friday fun to relieve some of your replacement ref-induced stress.
Hochuli -- and any other investor, for that matter -- might want to steer clear of IYT for the moment. The chart is not attractive and the sector is vulnerable to slack economic data.
iShares S&P Global Energy Sector Index Fund (NYSEARC:IXC)
As has been noted, Hochuli's firm has an impressive client roster. Some of those clients are controversial, too. Namely, BP's (NYSE:BP) BP America unit. BP's Arco unit is also listed among the firm's represented clients. And so is ConocoPhillips (NYSE:COP), the largest US independent oil and natural gas producer. BP and ConocoPhillips combine for over 7% of IXC's weight.
IXC is another ETF
Editor's Note: This content was originally published on Benzinga.com by The ETF Professor.
Below, find some more great ETF and market content from Benzinga:
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