Kenvue's $48.7 Billion Sale Puts Consumer Staples ETFs Back In Vogue
1. Kimberly-Clark acquires Kenvue for $48.7 billion, shifting market dynamics. 2. KVUE and Kimberly-Clark represent under 5% in key ETFs but may trigger rebalancing. 3. Consumer staples ETFs like XLP show renewed investor interest amid market volatility. 4. Defensive trades may regain traction as tech valuations appear stretched. 5. Cost synergies of $1.9 billion anticipated from Kenvue's acquisition.