Traders are showing interest in riskier investments while also cashing in profits from momentum and growth stocks. The Invesco S&P 500 High Beta ETF is leading the way with a 0.7% gain, followed by the SPDR S&P Dividend ETF. Other ETFs focusing on value and low volatility stocks are also seeing increased activity. The Invesco S&P 500 Equal Weight ETF is up 0.5%, indicating solid market breadth.
Read more at Barron’s: The Market Is Still in Risk-On Mode. It’s Complicated