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Invest Like Warren Buffet With These Bank ETFs

February 19, 2019

Via: Yahoo

The latest 13F filing reveals that the legendary billionaire and philanthropist Warren Buffett increased his bet on banking stocks once again in the last quarter after doing so in the third quarter of 2018, suggesting that he is bullish on the prospects of most banks than ever (read: 4 Market-Beating Sector ETFs of January).

While Buffett trimmed his stake in Wells Fargo WFC, he added stakes in Bank of America BAC, U.S. Bancorp USB, JPMorgan Chase JPM and super-regional PNC Financial PNC. The move has made the billionaire a major shareholder in four of the five largest U.S. banks.

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