This Financial ETF Trounced the S&P 500 Last Year, and Arlington Capital Management Just Opened a 126,000-Share Position

Arlington Capital Management has opened a 126,000-share position in the iShares MSCI Europe Financials ETF, which outperformed the S&P 500 last year. This move suggests confidence in the European financial sector. The ETF provides exposure to developed European financials through a passive, index-based strategy.