Thursday's ETF Movers: MLPA, XME
ETF Channel Staff - Thursday, July 19, 1:38 PMIn trading on Thursday, the MLP ETF (MLPA) is outperforming other ETFs, up about 3% on the day. Components of that ETF showing particular strength include shares of TC Pipelines (TCP), up about 27.9% and shares of Enbridge Energy L.P. (EEP), up about 7.4% on the day.
And underperforming other ETFs today is the SPDR S&P Metals & Mining ETF (XME), down about 2.4% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of Alcoa (AA), lower by about 12.4%, and shares of Century Aluminum (CENX), lower by about 9.7% on the day.