Wednesday's ETF Movers: XME, PID
ETF Channel Staff - Wednesday, January 18, 1:09 PMIn trading on Wednesday, the SPDR S&P Metals and Mining ETF (XME) is outperforming other ETFs, up about 2% on the day. Components of that ETF showing particular strength include shares of AK Steel Holding (AKS), up about 5.9% and shares of United States Steel (X), up about 5.8% on the day.
And underperforming other ETFs today is the PowerShares International Dividend Achievers Portfolio ETF (PID), down about 1.6% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Pearson (PSO), lower by about 28.9%, and shares of Seaspan (SSW), lower by about 4.2% on the day.