Notable ETF Movers: XLF, XHM, AGQ, SGG Up; IEO, EWU, TBT Down

November 11, 2009 12:05 PM EST

StreetInsider.com Notable ETF Movers:

HIGHER;

  • Financial Select Sector SPDR (NYSE: XLF) up 1.2% following comments from bank executives at a BofA/ML banking conference. Citigroup's (NYSE: C) Vice Chairman Ned Kelly said the company's balance sheet is very liquid.

  • SPDR S&P Homebuilders (NYSE: XHB) up about 2.4% to $15.20 after Toll Brothers (NYSE: TOL) reported strong preliminary four quarter results.

  • Ultra Silver ProShares (NYSE: AGQ) is trading about 1.1% higher as December silver futures are up about 1.8%, after a relatively flat trading day yesterday. Weakness in the dollar is contributing to the move higher.

  • iPath DJ AIG Sugar TR Sub-Idx ETN (NYSE: SGG) up 3.44% to $63.98 as futures rise on news that India may need to import 2.5 - 3 million tons on drought capping production at 15.3 million tons, short of the country's annual consumption.

LOWER:
  • iShares Dow Jones US Oil & Gas Ex Index (NYSE:
    IEO) down about 1.2 % on the eve of the crude inventory report. Futures were lower in Asia after a U.S. industry report showed a surprise build in crude and distillate stocks.

  • iShares MSCI United Kingdom Index (NYSE: EWU) is trading down about 1% as the GBP falls compared to the USD.

  • UltraShort 20+ Year Treasury ProShares (NYSE: TBT) down about 1.7% to $47.02 following a massive $25 billion U.S. treasury auction yesterday. The bond market is closed today due to Veterans Day.


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Stocks Mentioned

AGQ 71.24

+2.02 +2.92%
Volume: 561,683
Track AGQ

C 4.17

-0.04 -0.95%
Volume: 200,795,733
Track C

EWU 16.98

+0.19 +1.13%
Volume: 604,524
Track EWU

SGG 63.28

+0.97 +1.56%
Volume: 20,055
Track SGG

TBT 44.89

-0.44 -0.97%
Volume: 4,541,162
Track TBT

TOL 19.50

+0.00 +0.00%
Volume: 3,651,186
Track TOL

XHB 14.70

+0.12 +0.82%
Volume: 4,528,172
Track XHB

XLF 14.67

-0.03 -0.20%
Volume: 44,097,565
Track XLF


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