Automobile ETFs Race Ahead as Ford Doubles Production for Electric Pickup
January 04, 2022 at 16:05 PM EST
Ford Motor Co. (NYSE: F) shares surged to a two-decade high after the automaker doubled its production goal for its F-150 electric pickup on popular demand, lifting automobile-themed exchange traded funds. On Tuesday, the First Trust Nasdaq Transportation ETF (FTXR) gained 3.0% and the First Trust...