Thursday's ETF Movers: XOP, XLU
updated Thursday, March 3, 10:29 AMIn trading on Thursday, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is outperforming other ETFs, up about 1.9% on the day. Components of that ETF showing particular strength include shares of Ultra Petroleum (UPL), up about 23.1% and shares of SM Energy (SM), up about 17.3% on the day.
And underperforming other ETFs today is the Utilities Select Sector SPDR Fund ETF (XLU), off about 1.1% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of Pepco Holdings (POM), lower by about 3%, and shares of Nextera Energy (NEE), lower by about 2.1% on the day.
For MarketNewsVideo.com, I'm Sayoko Murase.