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Notable ETF Movers of the Day 11/06: (TAN) (IEO) Higher; (IHF) Lower

November 6, 2012 12:43 PM EST Send to a Friend
Gainers:

Guggenheim Solar ETF (NYSE: TAN) gained 2.8 percent to 15.35. Shares of First Solar (Nasdaq: FSLR) gained 7.4 percent. First Solar reported earnings on the first of November and shares tanked. Since then, shares have recovered as investors have had time to digest the data. Solar stocks are also a favorite play for investors playing an Obama win in the election, so who knows, maybe a few investors have rolled the dice on a victory by Democrates.

iShares Dow Jones US Oil & Gas Ex Index (NYSE: IEO) gained 2.6 percent to 63.81. Shares of EOG Resources gained 4.5 percent following its earnings report released after-the-bell yesterday. EOG is the fourth largest holding in IEO. Shares of Marathon (NYSE: MPC) are also higher following its earnings release.

Decliners:

iShares Dow Jones US Healthcare Provider ETF (NYSE: IHF) is lower by 1.25 percent. While today’s presidential election is seen rattling health care sector stocks, the decline in IHF is more than likely related to the performance of its second largest holding, Express Scripts (Nasdaq: ESRX). Express scripts reported earnings after the bell yesterday, and shares are lower by 14 percent on Tuesday.




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