Thursday's ETF Movers: XLU, MCHI
ETF Channel Staff - Thursday, March 22, 1:14 PMIn trading on Thursday, the Utilities Select Sector SPDR Fund ETF (XLU) is outperforming other ETFs, up about 1.5% on the day. Components of that ETF showing particular strength include shares of Pacific Gas & Electric (PCG), up about 3.4% and shares of Scana (SCG), up about 2.9% on the day.
And underperforming other ETFs today is the iShares MSCI China ETF (MCHI), off about 4.4% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of Vipshop Holdings (VIPS), lower by about 7.8%, and shares of Sina (SINA), lower by about 6.5% on the day.