Notable ETF Movers of the Day 01/17: (FXI) (SPY) (TAN) Higher; (VXX) (UNG) (GDX) Lower

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January 17, 2012 12:13 PM EST

Gainers

iShares FTSE China 25 Index Fund (NYSE: FXI) up 2.61 percent to $37.70. Data from China today has the economy grew 8.9 percent in the fourth-quarter, which is its slowest growth in 2.5 years, but better than the 8.7 percent gain expected.
SPDR S&P 500 (NYSE: SPY) up 0.88 percent to $129.97. Germany's economic sentiment rose in January, according to new ZEW data. The indicator rose 21.6 points to minus 32.2 points. The number is a vast improvement, but below the histocial average of plus 24.5 points. The number comes amid a downgrade by S&P of the EFSF, and Germany being the only eurozone country to retain its triple-A rating from the firm.
Guggenheim Solar (NYSE: TAN) up 4.05 percent to $3.08. Yingli Green Energy (NYSE: YGE) is leading the charge, as positive sentiment returns to solars. Data out of China might be doing it today. Yesterday, it was said that MEMC Electronic (NYSE: WFR) unit SunEdison was aiming to add 1-gigawatt of capacity in Japan for a cost of $4.6 billion.

Receders

iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) down 4.19 percent to $30.17. The CBOE VIX is down slightly Tuesday as markets react to news out of Europe and China, amid mixed results from Citi (NYSE: C) and Wells Fargo (NYSE: WFC).
United States Natural Gas (NYSE: UNG) down 5.11 percent to $5.38. Nat gas continues to move lower following continued warmers temps last week that might have a negative effect on weekly storage readings. Currently, nat gas February contracts are down $0.189 to $2.481 per mmBtu. Closing below $2.508 would the lowest hit since 2002.
Market Vectors Gold Miners ETF (NYSE: GDX) down 0.56 percent to $53.75. The ETF is being led lower by Newmont Mining (NYSE: NEM), which issued preliminary numbers and outlook, which had copper production expectations coming in below views in 2012.

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