Wednesday's ETF Movers: OIH, GDX
ETF Channel Staff - Wednesday, November 20, 1:08 PMIn trading on Wednesday, 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 Schlumberger (SLB), up about 4.9% and shares of McDermott International (MDR), up about 4.4% on the day.
And underperforming other ETFs today is the Gold Miners ETF (GDX), off about 0.8% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of McEwen Mining (MUX), lower by about 13.9%, and shares of Harmony Gold Mining (HMY), lower by about 2.4% on the day.