Notable ETF Movers: PGM, XLV, SMH Up; UNG, KRE, FXI, AGQ, XME Down

November 10, 2009 1:08 PM EST

StreetInsider.com Notable ETF Movers:

HIGHER:

  • iPath DJ AIG Platinum TR Sub-Idx ETN (NYSE: PGM) Up 6.10%, as platinum futures are down about 1.4%. Investors might be looking for exposure in a different metal other than gold and silver, as many commodities have been having a good year so far.

  • Health Care Select Sector SPDR (NYSE: XLV) up about 0.50%. Major holdings include Johnson & Johnson (NYSE: JNJ), Bristol Meyers (NYSE: BMY), and Pfizer (NYSE: PFE). Bristol Meyers announced a deal to develop Alder's arthritis drug today.

  • Semiconductor HOLDRs (NYSE: SMH) up 0.4% today. There were some positve analyst comments in the sector today. Major holding (13.6%) Applied Materials, Inc. (Nasdaq: AMAT) report tomorrow.

LOWER:
  • United States Natural Gas (NYSE: UNG) down 3.75% today on higher temperatures, a weaker dollar, and a weakened Ida tropical storm. Prices of natural gas fell 4.4% to $4.467 per trillion BTUs.

  • SPDR KBW Regional Banking (NYSE: KRE) Down about 1.6% today. Other than a general selloff of financials, one notable holding in the ETF is East West Bancorp (NASDAQ: EWBC), which makes up about 2.62% of KRE's holdings, is down today. East West had a sizeable gain yesterday after news that the bank would acquire about $10 billion in assets, and today the stock is trading down about 4.10% after investors are realizing some of the profits.

  • FTSE/Xinhua China 25 Index Fund (NYSE: FXI) down about 1.19% today. This emerging market ETF is comprised mainly of Chinese companies specializing in Financials, Telecom, Basic Materials, and Oil and Gas. The ETF jumped yesterday and hit a new high, so investors may be selling off slightly.

  • Ultra Silver Proshares (NYSE: AGQ) down 3.7% today. Investors ran the ETF up last week, as AGQ saw gains of about 11.5%. Silver tends to be a little more volatile than gold as well, and has had a greater gain YTD.

  • SPDR S&P Metals & Mining (NYSE: XME) down 1.5% today. Commodities are lower today after weeks of gains.


Related Categories

Special Reports

Stocks Mentioned

AGQ 67.88

+0.90 +1.34%
Volume: 581,441
Track AGQ

AMAT 12.23

-0.06 -0.49%
Volume: 9,069,497
Track AMAT

BMY 25.37

-0.01 -0.04%
Volume: 20,025,846
Track BMY

EWBC 14.21

+0.36 +2.60%
Volume: 591,434
Track EWBC

FXI 43.60

+0.49 +1.14%
Volume: 15,670,981
Track FXI

JNJ 62.75

-0.14 -0.22%
Volume: 7,019,134
Track JNJ

KRE 20.71

+0.14 +0.68%
Volume: 1,423,504
Track KRE

PFE 18.25

+0.00 +0.00%
Volume: 35,710,014
Track PFE

PGM 42.08

-1.86 -4.23%
Volume: 64,110
Track PGM

SMH 25.33

-0.07 -0.28%
Volume: 11,225,858
Track SMH

UNG 9.20

-0.63 -6.41%
Volume: 33,646,535
Track UNG

XLV 30.65

-0.14 -0.45%
Volume: 3,223,905
Track XLV

XME 48.58

-0.17 -0.35%
Volume: 1,739,079
Track XME


Related Entities


Add Your Comment