Benzinga's Top ETF Gainers (FAS, UYG, KRE, RKH)

Financial sector ETFs were struggling for the most of the trading session on Wednesday, but late rally helped them to close with nice gains. Direxion Daily Finanancial Bull 3X Shares(ETF) (NYSE: FAS) gained 6.26% today as JPMorgan Chase & Co. (NYSE: JPM), Bank of America Corporation (NYSE: BAC), Wells Fargo & Company (NYSE: WFC) and Citigroup Inc. (NYSE: C) managed to close in the positive territory after recent streak of bad luck. JPMorgan (JPM) added 2.32%, Bank of America (BAC) gained 2.84%, while Wells Fargo (WFC) and Citigroup (C) jumped 4.48% and 1.59% respectively. ProShares Ultra Financials (ETF) (NYSE: UYG) jumped 4.30% and it seeks investment results equivalent to twice the performance of the Dow Jones U.S. Financials Index. Banks weight 41.25% on this index and General Financials' take 26.62% of its holdings. SPDR KBW Regional Banking (ETF) (NYSE: KRE) was 3.15% up as regional banks closed the trading session with a lot of style. SVB Financial Group (NASDAQ: SIVB) gained 1.22%, Bank of Hawaii Corporation (NYSE: BOH) added 1.54%, while Prosperity Bancshares, Inc. (NASDAQ: PRSP) jumped 1.92%. Valley National Bancorp (NYSE: VLY) had the biggest increase in price with a jump of 3.82%, while BOK Financial Corporation (NASDAQ: BOKF) and First Horizon National Corporation (NYSE: FHN) followed with an increase of 2.67% and 3.04% respectively. Regional Bank HOLDRs (ETF) (NYSE: RKH) is another financials ETF that managed to close in the positive territory. RKH gained 3.07% with US Bancorp (NYSE: USB) closing 3.33%. USB takes 17.86% of RKH's holdings, while Wells Fargo (WFC) and JP Morgan (JPM) take 19.81% and 21.43% respectively.