Wednesday's ETF Movers: XOP, PXMG
ETF Channel Staff - Wednesday, June 26, 1:47 PMIn trading on Wednesday, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is outperforming other ETFs, up about 3.7% on the day. Components of that ETF showing particular strength include shares of Denbury Resources (DNR), up about 7.8% and shares of Penn Virginia (PVAC), up about 7.6% on the day.
And underperforming other ETFs today is the Invesco Russell MidCap Pure Growth ETF (PXMG), down about 5.9% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Nektar Therapeutics (NKTR), lower by about 3%, and shares of Align Technology (ALGN), lower by about 2.7% on the day.