TradingMarkets 7 ETFs You Need to Know for Friday
Widespread selling in stocks has dragged many exchange-traded funds lower, with emerging markets ETFs and index ETFs joining sectors-based funds on the
retreat. Pullbacks were especially notable in the transportation sector as well as in oil-related ETFs.
Inverse ETFs – both leveraged and unleveraged – were major beneficiaries on the day. The most widely traded inverse ETFs tracking the S&P 500, Russell 2000 and Dow industrials were all sharply higher.
Here are 7 ETFs You Need to Know for Friday.
Closing at its highest levels since mid-July, the ProShares UltraShort Russell 2000 exchange-traded fund, TWM
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Among the harder hit emerging markets ETFs on Thursday was the iShares Brazil Index fund, EWZ
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Despite plunging crude oil prices, the iShares Transportation Average index ETF, IYT
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The iShares MSCI Emerging Markets Index fund, EEM
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Two days of selling were the prelude to a surge in buying in the ProShares UltraShort Oil & Gas ETF, DUG
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trading on Thursday.
On Thursday, the Select Energy Sector SPDRS, XLE
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After consolidating near the 200-day moving average for the past several days, the Select Gold Shares SPDRS, GLD
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