Energy, Utility ETFs Lead Peers
The energy- and utility-focused exchange-traded funds outperformed their peers Wednesday while the tech ETFs retreated on Cisco’s lackluster news.
The Oil Services HOLDR
(
OIH |
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Chart |
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PowerRating)
gained 2.3%, the day’s sharpest rise among the exchange-traded funds. The Energy
SPDR
(
XLE |
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Chart |
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PowerRating) added 1.7%, the Dow Jones Energy iShares
(
IYE |
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Chart |
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PowerRating) 1.5%.
The Dow Jones Utilities iShares
(
IDU |
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PowerRating)
rose 1.5%, the Utility HOLDR
(
UTH |
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Chart |
News |
PowerRating) 1.3%.
On the downside, the Dow
Jones Internet iShares
(
IYV |
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Chart |
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PowerRating) gave up 4.5%, the Semiconductor HOLDR
(
SMH |
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Chart |
News |
PowerRating)
3.7%, the Broadband HOLDR
(
BDH |
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Chart |
News |
PowerRating) 3.5%, the Internet Infrastructure HOLDR
(
IIH |
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News |
PowerRating)
3.3%, the Nasdaq 100 Tracking Stock
(
QQQ |
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Chart |
News |
PowerRating) 3.1%, the Dow Jones Technology
iShares
(
IYW |
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Chart |
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PowerRating) 3.0%,
Telecoms ceded ground. The Wireless
HOLDR
(
WMH |
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Chart |
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PowerRating) lost 3.2%, the Telecom HOLDR
(
TTH |
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Chart |
News |
PowerRating) 1.8%.
