Notable ETF Movers of the Day 11/23: (TAN) (XRT) Higher; (XLU) Lower
Tweet Send to a Friend
Gainers:
Guggenheim Solar ETF (NYSE: TAN) gained 2.35 percent to 13. GT Advanced Technologies Inc (Nasdaq: GTAT) was a top performing in the ETF, gained 5 percent as the stock pulled out of a 1-month, 30 percent nose dive. GTAT has a roughly 5 percent weighting in TAN.
SPDR S&P Retail (NYSE: XRT) gained 1.1 percent on reports of strong Black Friday sales, as U.S. consumers came out in force to take advantage of holiday deals. Wal-Mart (NYSE: WMT) was among today's winners, with shares gaining 1.4 percent.
Decliners:
Utilities Select Sector SPDR (NYSE: XLU) declined 0.25 to 34.1. Utility stocks have declined 7 percent in the past 30 days. Considering the relative low historical volatility in utility stocks, this could be an ominous sign for dividend lovers, as fiscal cliff fears and tax hikes loom large. Today’s utility sector dog was Exelon Corporation (NYSE: EXC), which fell 1.1 percent. Exelon pays a dividend of $2.10, yielding 7.3 percent.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Guggenheim Solar ETF (NYSE: TAN) gained 2.35 percent to 13. GT Advanced Technologies Inc (Nasdaq: GTAT) was a top performing in the ETF, gained 5 percent as the stock pulled out of a 1-month, 30 percent nose dive. GTAT has a roughly 5 percent weighting in TAN.
SPDR S&P Retail (NYSE: XRT) gained 1.1 percent on reports of strong Black Friday sales, as U.S. consumers came out in force to take advantage of holiday deals. Wal-Mart (NYSE: WMT) was among today's winners, with shares gaining 1.4 percent.
Decliners:
Utilities Select Sector SPDR (NYSE: XLU) declined 0.25 to 34.1. Utility stocks have declined 7 percent in the past 30 days. Considering the relative low historical volatility in utility stocks, this could be an ominous sign for dividend lovers, as fiscal cliff fears and tax hikes loom large. Today’s utility sector dog was Exelon Corporation (NYSE: EXC), which fell 1.1 percent. Exelon pays a dividend of $2.10, yielding 7.3 percent.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- UPDATE: Kansas City Southern (KSU) to Replace Dean Foods (DF) in S&P 500; WhiteWave Foods (WWAV) to S&P MidCap 400
- Berkshire Hathaway (BRK-A) Cut to 'AA' From 'AA+' by S&P
- Actavis (ACT) Said to be in Talks to Acquire Warner Chilcott (WCRX)
Create E-mail Alert Related Categories
ETFs, Special ReportsRelated Entities
Standard & Poor's, Dividend, Notable ETF Movers
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
