Monday's ETF Movers: XLU, GXC
ETF Channel Staff - Monday, July 27, 2:49 PMIn trading on Monday, the Utilities Select Sector SPDR Fund ETF (XLU) is outperforming other ETFs, up about 1.5% on the day. Components of that ETF showing particular strength include shares of PG&E (PCG), up about 2.9% and shares of American Electric Power (AEP), up about 2.4% on the day.
And underperforming other ETFs today is the SPDR S&P China ETF (GXC), off about 4.5% in Monday afternoon trading. Among components of that ETF with the weakest showing on Monday were shares of CNinsure (CISG), lower by about 7.5%, and shares of Netease (NTES), lower by about 7% on the day.