Tuesday's ETF Movers: GXC, OIH
ETF Channel Staff - Tuesday, May 19, 1:39 PMIn trading on Tuesday, the SPDR S&P China ETF (GXC) is outperforming other ETFs, up about 1.1% on the day. Components of that ETF showing particular strength include shares of Cheetah Mobile (CMCM), up about 13% and shares of Qunar Cayman Islands (QUNR), up about 4.9% on the day.
And underperforming other ETFs today is the Oil Services ETF (OIH), off about 3.4% in Tuesday afternoon trading. Among components of that ETF with the weakest showing on Tuesday were shares of Carbo Ceramics (CRR), lower by about 7.5%, and shares of Tidewater (TDW), lower by about 6% on the day.