Friday's ETF Movers: IEO, PNQI
ETF Channel Staff - Friday, July 13, 1:14 PMIn trading on Friday, the iShares U.S. Oil & Gas Exploration & Production ETF (IEO) is outperforming other ETFs, up about 1.4% on the day. Components of that ETF showing particular strength include shares of Newfield Exploration (NFX), up about 3.1% and shares of Highpoint Resources (HPR), up about 2.9% on the day.
And underperforming other ETFs today is the Invesco NASDAQ Internet ETF (PNQI), down about 0.8% in Friday afternoon trading. Among components of that ETF with the weakest showing on Friday were shares of Gogo (GOGO), lower by about 13.7%, and shares of Egain (EGAN), lower by about 7.8% on the day.