UAE ETF Plunges on Increased Violence in Iraq
June 23, 2014 at 12:19 PM EDT
Following news that Sunni militants took control of the only legal border crossing between Iraq and Jordan, exchange traded funds with heavy Middle East exposure are again being punished Monday with the iShares MSCI UAE Capped ETF (NasdaqGM: UAE) taking the brunt of that punishment. UAE, which...