Monday's ETF Movers: GDX, XOP
ETF Channel Staff - Monday, August 21, 1:26 PMIn trading on Monday, the Gold Miners ETF (GDX) is outperforming other ETFs, up about 1.4% on the day. Components of that ETF showing particular strength include shares of Iamgold (IAG), up about 3.5% and shares of Coeur Mining (CDE), up about 3.4% on the day.
And underperforming other ETFs today is the SPDR S&P Oil & Gas Exploration & Production ETF (XOP), down about 1.2% in Monday afternoon trading. Among components of that ETF with the weakest showing on Monday were shares of Denbury Resources (DNR), lower by about 8.2%, and shares of Kosmos Energy (KOS), lower by about 5.2% on the day.