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Investors pile into energy ETFs

Posted on 28 March 2014

Investors are pouring money into energy companies, putting seven times as much into exchange-traded funds as they did last quarter.
They are betting oil and gas get more expensive and fatten profits of producers from Devon Energy Corp. in Oklahoma to Pakistan’s Oil & Gas Development Co. Those are two of the stocks held in the $39 billion U.S. market of energy-sector ETFs, which took in $2 billion in new money since Dec. 31………………………………Full Article: Source


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