Monday's ETF Movers: OIH, XLU
ETF Channel Staff - Monday, July 9, 2:14 PMIn trading on Monday, the Oil Services ETF (OIH) is outperforming other ETFs, up about 2.6% on the day. Components of that ETF showing particular strength include shares of Nabors Industries (NBR), up about 5.7% and shares of Diamond Offshore Drilling (DO), up about 5.1% on the day.
And underperforming other ETFs today is the Utilities Select Sector SPDR Fund ETF (XLU), off about 2.5% in Monday afternoon trading. Among components of that ETF with the weakest showing on Monday were shares of PPL (PPL), lower by about 4%, and shares of FirstEnergy Corp (FE), lower by about 3.6% on the day.