Monday's ETF Movers: XLU, XOP
ETF Channel Staff - Monday, October 12, 1:16 PMIn trading on Monday, the Utilities Select Sector SPDR Fund ETF (XLU) is outperforming other ETFs, up about 1% on the day. Components of that ETF showing particular strength include shares of FirstEnergy (FE), up about 2.6% and shares of Xcel Energy (XEL), up about 1.6% on the day.
And underperforming other ETFs today is the SPDR S&P Oil & Gas Exploration & Production ETF (XOP), off about 4.6% in Monday afternoon trading. Among components of that ETF with the weakest showing on Monday were shares of Stone Energy (SGY), lower by about 16.7%, and shares of California Resources (CRC), lower by about 12.4% on the day.