Thursday's ETF Movers: OIH, ILF
ETF Channel Staff - Thursday, May 21, 12:51 PMIn trading on Thursday, the Oil Services ETF (OIH) is outperforming other ETFs, up about 3% on the day. Components of that ETF showing particular strength include shares of Seadrill Limited (SDRL), up about 8.2% and shares of Rowan Companies (RDC), up about 5.8% on the day.
And underperforming other ETFs today is the iShares Latin America 40 ETF (ILF), down about 1.1% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of Companhia Energética de Minas Gerais (CIG), lower by about 4.3%, and shares of Banco Bradesco (BBD), lower by about 3.5% on the day.