Shares of General Electric dropped to a nine-year low, putting the hurt on exchange-traded funds (ETFs) with the largest holdings of GE, such as Davis Select US Equity ETF (NasdaqGM: DUSA), Oppenheimer S&P Ultra Dividend Rev ETF (NYSEArca: RDIV) and Industrial Select Sector SPDR ETF (NYSEArca: XLI). GE shares were down 4% as of 1:15 [...] Read more on ETFtrends.com.
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This article was provided by our partner Tom Lydon of etftrends.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.