Awards and Press

December 15th, 2022

Retail ETFs Show Mixed Results Ahead of Black Friday

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“If customers learn that all they have to do is wait a couple of months and they can buy it substantially cheaper, then they’ll do that,” says Client Portfolio Manager Brian Mulberry. He spoke with Shubham Saharan of ETF.com about retailers’ slow holiday-quarter growth, saying that companies like Target and Amazon are “retraining their customer base.”

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This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. Do not act or rely upon the information and advice given in this publication without seeking the services of competent and professional legal, tax, or accounting counsel. The information contained herein has been obtained from sources believed to be reliable but we do not guarantee accuracy or completeness. Publication and distribution of this article is not intended to create, and the information contained herein does not constitute, an attorney-client relationship. No recommendation or advice is being given as to whether any investment or strategy is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole.
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