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Aerospace ETFs Balk at Cautious Boeing Outlook

By: ETF Trends

January 29, 2014 at 14:09 PM EST

Aerospace and defense exchange traded funds are touching down as Boeing (NYSE: BA) share prices took a nosedive Wednesday on a softer outlook in light of U.S. government budget tightening. The iShares U.S. Aerospace & Defense ETF (NYSEArca: ITA) fell 1.7% Wednesday and PowerShares Aerospace and...

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Aerospace ETFs Balk at Cautious Boeing Outlook

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