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Citigroup Inc About To Put More Money In Your Pocket (C)
Tuesday, April 30, 10:35 AM ET, by Market News Video Staff
On 5/2/13, Citigroup Inc (C) will trade ex-dividend, for its quarterly dividend of $0.01, payable ...

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JP Morgan Beats, Financial Higher, ETFs to Watch - RKH, IYG, KBE

By Market News Video Staff, Wednesday, October 13, 8:35 AM ET

JP Morgan Chase beat analyst expectations this morning with adjusted EPS of $1.01 on revenue of $24.3 billion.

After the announcement, financials are climbing in premarket action.

Turning to ETFs with large JP Morgan holdings, the Regional Bank HOLDRS (AMEX:RKH) is weighted over 23% to JP Morgan Chase (NYSE:JPM), with the next largest holding of Wells Fargo (NYSE:WFC) at 19.1% and US Bancorp (NYSE:USB) at 17.02%.

The iShares Dow Jones U.S. Financial Services Index Fund (AMEX:IYG) is approximately 12.6% JP Morgan Chase, and 10.5% Bank of America (BAC).

The SPDR KBW Bank ETF (AMEX:KBE) is about 10.8% JP Morgan (NYSE:JPM) and 13.3% Citigroup (NYSE:C).

Find the right mix of model portfolios today at PortfolioChannel.com

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JP Morgan Beats, Financial Higher, ETFs to Watch - RKH, IYG, KBE | Market News Video | Copyright © 2008 - 2013, All Rights Reserved

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