Wednesday's ETF Movers: XOP, XBI
ETF Channel Staff - Wednesday, September 28, 2:30 PMIn trading on Wednesday, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is outperforming other ETFs, up about 4.2% on the day. Components of that ETF showing particular strength include shares of Oasis Petroleum (OAS), up about 11.3% and shares of Denbury Resources (DNR), up about 9.9% on the day.
And underperforming other ETFs today is the SPDR S&P Biotech ETF (XBI), off about 1.2% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Exelixis (EXEL), lower by about 14.5%, and shares of Celldex Therapeutics (CLDX), lower by about 7.2% on the day.