Interesting action in the commodity ETF sector shows a heavy hitter swapping out of $60M worth...
Wednesday, September 19, 2012, 2:56 PM ETInteresting action in the commodity ETF sector shows a heavy hitter swapping out of $60M worth of the PowerShares Agriculture Fund (DBA) and into the Oil Fund (DBO) this morning. Is a big outfit booking profits on a summer rally in agriculture to pick up recently pummeled oil? It's also another example of liquid ETFs becoming a preferred playground for hedge funds and institutions.
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