Tech ETFS Lead, Energy ETFs Sink
The Net-focused tradable
funds led their peers Wednesday, some of them surging on powerful volume, while
the energy- and oil-focused exchange-traded funds fell with the price of crude
and signs of slowing consumer petroleum demand.
The Internet
Infrastructure HOLDR
(
IIH |
Quote |
Chart |
News |
PowerRating) jumped 8.9%, the day’s sharpest gain among the
ETFs. The Dow Jones Internet iShares
(
IYV |
Quote |
Chart |
News |
PowerRating) rose 8.6%, the Broadband HOLDR
(
BDH |
Quote |
Chart |
News |
PowerRating)
4.3%, the Dow Jones Technology iShares
(
IYW |
Quote |
Chart |
News |
PowerRating) 3.4%, the Internet Architecture
HOLDR
(
IAH |
Quote |
Chart |
News |
PowerRating) 3.1%.
On the downside, the Oil
Services HOLDR
(
OIH |
Quote |
Chart |
News |
PowerRating) gapped down 6.1% on heavy volume. The Energy SPDR
(
XLE |
Quote |
Chart |
News |
PowerRating)
shed 3.9%, the Dow Jones Energy iShares
(
IYE |
Quote |
Chart |
News |
PowerRating) 3.7%.
