Increasing U.S. auto sales in February have fueled increases in the share prices of auto companies such as Ford and GM, and if the positive momentum continues, ETF investors are likely to benefit as well, according to an article on Benzinga.
The following exchange-traded funds were mentioned for their exposure to the auto industry:
- Global X Auto ETF (NYSEArca: VROM)
- First Trust Germany AlphaDex Fund (NYSEArca: FGM)
- Consumer Discretionary Select Sector SPDR (NYSEArca: XLY)
- iShares Russell Midcap Value Index Fund (NYSEArca: IWS)
For additional information on the funds listed, visit Benzinga.com.