Wednesday's ETF Movers: GXC, OIH
ETF Channel Staff - Wednesday, November 26, 11:09 AMIn trading on Wednesday, the SPDR S&P China ETF (GXC) is outperforming other ETFs, up about 2.1% on the day. Components of that ETF showing particular strength include shares of Bitauto Holdings (BITA), up about 4.1% and shares of Cheetah Mobile (CMCM), up about 2.4% on the day.
And underperforming other ETFs today is the Oil Services ETF (OIH), off about 2.4% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Seadrill (SDRL), lower by about 20%, and shares of Diamond Offshore Drilling (DO), lower by about 8.2% on the day.