Monday's ETF Movers: XLB, XME
ETF Channel Staff - Monday, September 22, 3:10 PMIn trading on Monday, the Materials Select Sector SPDR Fund ETF (XLB) is outperforming other ETFs, up about 0.2% on the day. Components of that ETF showing particular strength include shares of Sigma Aldrich (SIAL), up about 33.4% and shares of International Paper (IP), up about 1.1% on the day.
And underperforming other ETFs today is the SPDR S&P Metals and Mining ETF (XME), off about 3.8% in Monday afternoon trading. Among components of that ETF with the weakest showing on Monday were shares of Molycorp (MCP), lower by about 12.2%, and shares of Alpha Natural Resources (ANR), lower by about 10.1% on the day.