This article was originally published on ETFTrends.com.
Procter & Gamble has been around long before the advent of exchange-traded funds (ETFs), but funds heavy with the stock like Consumer Staples Select SPDR (NYSEArca: XLP) are feeding off its strength. As of May 5, XLP has 15 percent allocated to Procter & Gamble, which is flirting with a 27th record high thus far this year. […]
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