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Banks generally don’t like ever-increasing interest rates, writes David Fry, founder and publisher of The ETF Digest. That shows in the Regional Banks HOLDRs ETF, RKH. Take a look at the chart:

RKH chart

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  • ETFs mentioned in this article (clicking on a link pulls up articles for the ETF in question): RKH.
  • The complete list of funds (and links to articles about them) covered by ETF Investor.

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Source: Fed Rate Hike Hits Bank Stocks (ETF: RKH)