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Kenvue's $48.7 Billion Sale Puts Consumer Staples ETFs Back In Vogue
Benzinga·2025-11-05 03:26

Consumer staples ETFs, usually the quiet corner of the market, are suddenly in the spotlight. The 48.7billionacquisitionofKenvueInc.(NYSE:KVUE)byKimberlyClarkCorp(NASDAQ:KMB)hasstirredrenewedinterestinthesector,settingupapotentialreshufflingofweightingsacrossseveralbignameETFs.KVUEisshowingdownwardpressure.Seeifitisworthyourattentionhere.TheConsumerStaplesSelectSectorSPDRFund(NYSE:XLP),withcloseto48.7 billion acquisition of Kenvue Inc. (NYSE:KVUE) by Kimberly-Clark Corp (NASDAQ:KMB) has stirred renewed interest in the sector, setting up a potential reshuffling of weightings across several big-name ETFs. • KVUE is showing downward pressure. See if it is worth your attention here.The Consumer Staples Select Sector SPDR Fund (NYSE:XLP), with close to 15.3 billion in assets, is the largest ETF representat ...