Financial ETFs Stung by Wells Fargo Earnings Report

It was more than a case of bad luck on Friday the 13th as Wells Fargo posted second quarter losses, stinging three financial ETFs with the heaviest weighting of Wells Fargo equities–iShares Evolved US Financials ETF (BATS: IEFN), Invesco KBW Bank ETF (NASDAQ: KBWB) and iShares US Financial...
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