Friday's ETF Movers: XOP, CQQQ
ETF Channel Staff - Friday, August 27, 11:58 AM
In trading on Friday, the SPDR— S&P— Oil & Gas Exploration & Production ETF is outperforming other ETFs, up about 5% on the day. Components of that ETF showing particular strength include shares of PBF Energy, up about 11.7% and shares of Laredo Petroleum, up about 10% on the day.
And underperforming other ETFs today is the Invesco China Technology ETF, down about 0.6% in Friday afternoon trading. Among components of that ETF with the weakest showing on Friday were shares of Weibo, lower by about 13%, and shares of GDS Holdings, lower by about 9.8% on the day.