Bank Run: ETFs For A Run On European Banks (EWP, GXF, EWO, EWD)

By
Devon Layne
June 06, 2012
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With Greek and Spanish citizens withdrawing money from their respective banks, investors can use ETFs to play the downside in these countries or take defensive positions in less-affected European countries to find profits, according to an article on Benzinga.

The following Europe-specific ETFs were highlighted in the article for their ability to benefit from these “bank runs”:

  • iShares MSCI Spain Index Fund (NYSEArca: EWP)
  • iShares MSCI Austria Investable Market Index Fund (NYSEArca: EWO)
  • Global X FTSE Nordic Region ETF (NYSEArca: GXF)
  • iShares MSCI Sweden Index Fund (NYSEArca: EWD)

 

Head over to Benzinga.com for the full story.

ETF DAILY DATA

'SPY' lost $2.48 billion on Wednesday, Jan. 28, as net outflows and a lower stock market pulled total U.S.-listed ETF assets below $2 trillion.

'SPY' paced SSgA's issuer-leading outflows on Wednesday, Jan. 28, as net outflows and falling stocks pulled total U.S.-listed ETF below $2 trillion.

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