Monday's ETF Movers: XOP, GXC
ETF Channel Staff - Monday, September 25, 1:32 PMIn trading on Monday, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is outperforming other ETFs, up about 2.3% on the day. Components of that ETF showing particular strength include shares of Whiting Petroleum (WLL), up about 8.8% and shares of Denbury Resources (DNR), up about 7% on the day.
And underperforming other ETFs today is the SPDR S&P China ETF (GXC), down about 3.3% in Monday afternoon trading. Among components of that ETF with the weakest showing on Monday were shares of Fang Holdings (SFUN), lower by about 10%, and shares of 58.com (WUBA), lower by about 9.2% on the day.