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Notable ETF Movers of the Day 02/15: (VXX) (TAN) (EWJ) Higher; (UNG) (XLI) Lower

February 15, 2012 12:25 PM EST
Gainers
  • iPath S&P 500 VIX Short Term Fu (NYSE: VXX) up 3.71 percent to $27.53. The CBOE VIX is trading 5.4 percent higher Wednesday as markets work to sort out the delay in Greece's meeting with finance ministers, stronger Empire manufacturing numbers, flat industrial production, and better than expected housing market index results. Oh, and there's a pending proposal to extend payroll tax cuts being mulled in the House right now.

  • Guggenheim Solar ETF (NYSE: TAN) up 0.10 percent to $32.03. The solar ETF is higher as a reverse split is underway. Shares closed at about $3.20 Tuesday. However, it was reported that PV sales in Japan rose 30.7 percent in 2011 to 1.296-gigawatts.

  • iShares MSCI Japan Index Fund (NYSE: EWJ) up 2.27 percent to $9.92. Japanese stocks moving to the upside as the sliding yen helped many companies to boost outlooks. Yesterday, the Bank of Japan said it would expand its asset-purchase program and alter some specific language in its monetary policy.
Receders
  • United States Natural Gas Fund (NYSE: UNG) down 3.16 percent to $5.21. Investors are still weighing some nuclear plant stoppages as well as production cuts, though the mild winter weather will still keep stores high. Some might be selling following a 4 percent run Tuesday.

    Nat gas March contracts are off $0.076 to $2.456 per mmBtu on the Comex.

  • SPDR Select Sector Fund - Industrials (NYSE: XLI) down 0.35 percent to $37.16. Deere & Co. (NYSE: DE) is leading the sector lower following first-quarter profit of $1.30 and revs of $6.78 billion, which beat views, and guidance that came in above expectations. Shares of Deere are down on the session, about 3.2 percent.


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