Monday's ETF Movers: MLPA, XME
ETF Channel Staff - Monday, April 23, 12:33 PM
In trading on Monday, the MLP ETF is outperforming other ETFs, up about 2.2% on the day. Components of that ETF showing particular strength include shares of Williams Partners, up about 3.1% and shares of Magellan Midstream Partners, up about 3% on the day.
And underperforming other ETFs today is the SPDR S&P Metals & Mining ETF, down about 2% in Monday afternoon trading. Among components of that ETF with the weakest showing on Monday were shares of Alcoa, lower by about 12.1%, and shares of Cleveland-cliffs, lower by about 5.8% on the day.