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Notable ETF Movers of the Day 03/30: (XRT) (FXI) (UNG) Higher; (OIH) (VXX) (SMH) Lower

March 30, 2011 11:34 AM EDT
Gainers

  • SPDR S&P Retail (NYSE: XRT) up 1.45% to $50.90. Could be seeing upside today as ADP reported that 201,000 jobs were added to the private sector in March, falling a little short of the 208,000 that the Street was looking for, but still a positive addition nonetheless. The ETF is led by AnnTaylor Stores Corp. (NYSE: ANN) today, which is up 2.4% to $28.62.

  • iShares FTSE China 25 Index Fund (NYSE: FXI) up 1.33% to $44.30. Not included in the ETF, but Qihoo 306 (NYSE: QIHU) is on fire following pricing of its IPO today. Shares have more than doubled after Qihoo priced at $14.50 per share. The move could be drawing interest to the sector today, was has seen increased volatility in recent weeks following speculation and accusation for several Chinese firms about the legitimacy of their financial reporting standards.

  • United States Natural Gas (NYSE: UNG) up 1.52% to $11.37. Following a slight drop yesterday, nat gas is gaining today as forecasters have changed their minds and now see chillier temps in the upper Midwest the week of April 9th through 13th, providing for a larger draw on stores continuing later than originally anticipated. May 11 nat gas contracts are up $0.060 to $4.323 per mmBtu on the Comex.


Receders

  • Oil Services HOLDRs (NYSE: OIH) down 1.19% to $164.02. Following a nice 8.5 percent move over the last several trading sessions, the HOLDRs are giving a little back today as crude inventories came in heavier than expectations. Inventories gained 2.94 million barrels last week, far above the 1.5 million barrels that analysts were looking for according to a Bloomberg News survey.

  • iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) down 1.50% to $29.54. Some traders may have noticed the continuation of the recent uptrend in the markets, which have fought-off news smattered with geopolitical turmoil and natural disaster, and wondered how long the trend can continue. Investors are loving the proposed takeover of Cephalon (Nasdaq: CEPH) by Valeant Pharma (NYSE: VRX) for $5.7 billion. As mentioned before, ADP job numbers falling slightly short of expectations weren't enought to sway investor confidence today.

  • Semiconductor HOLDRs (NYSE: SMH) down 0.35% to $34.62. Led by Texas Instruments (NYSE: TXN) today, which is down 1.14%, as Nomura Securities said that they are looking for a reduced outlook from the tech giant stemming from exposure in Japan.


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