Thursday's ETF Movers: PPA, XOP
ETF Channel Staff - Thursday, January 17, 1:26 PMIn trading on Thursday, the Invesco Aerospace & Defense ETF (PPA) is outperforming other ETFs, up about 1% on the day. Components of that ETF showing particular strength include shares of Perspecta (PRSP), up about 3.3% and shares of The Keyw Holding (KEYW), up about 3% on the day.
And underperforming other ETFs today is the SPDR S&P Oil & Gas Exploration & Production ETF (XOP), off about 0.5% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of Laredo Petroleum (LPI), lower by about 6.2%, and shares of SRC Energy (SRCI), lower by about 4.7% on the day.