Wednesday's ETF Movers: XOP, IAT
Energy Stock Channel - 14 hours, 59 minutes ago
In trading on Wednesday, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is outperforming other ETFs, up about 2.3% on the day. Components of that ETF showing particular strength include shares of Chesapeake Energy (CHK), up about 8.4% and shares of Denbury Resources (DNR), up about 6% on the day.
And underperforming other ETFs today is the iShares U.S. Regional Banks ETF (IAT), off about 0.6% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of New York Community Bancorp (NYCB), lower by about 1.4%, and shares of Webster Financial (WBS), lower by about 1.4% on the day.