Notable ETF Movers of the Day 02/17: (UNG) (CRT) (TAN) Higher; (GLD) (FXI) Lower

• United States Natural Gas Fund (NYSE: UNG) up 2.97 percent to $5.54. Nat gas futures making a move higher Friday following a 5.9 percent move higher Thursday after EIA data showed a larger than expected draw down in stockpiles. Some speculate that its shorts scrambling to cover positions, although lighter trading heading into the long holiday weekend may have something to do with the increased volatility.
  
  Nat gas March contracts are up $0.89 to $2.656 per mmBtu on the Comex.
  
  
• SPDR S&P Retail ETF (NYSE: XRT) up 0.65 percent to $58.73. The retailers are being led by Office Depot (NYSE: ODP), which announced a tender offer for $250 million out of a total $400 million of senior debt. Office Depot shares are about 4 percent better on the session.
  
  
• Guggenheim Solar ETF (NYSE: TAN) up 4.94 percent to $33.38. The solar ETF is being led higher by Suntech Power (NYSE: STP). Earlier, SunTech said it expects a shipment decline of 10 percent in the fourth-quarter, about half the 20 percent decline originally expected. Shares are over 11 percent better Friday.

• SPDR Gold Trust (NYSE: GLD) down 0.55 percent to $167.14. Gold April contracts are trading $8 lower to $1,720.4 per ounce on the Comex Friday as traders are eying a potential deal in Greece over the weekend and U.S. economic data is putting investors in a more comfortable position about growth moving forward, at least in the near-term.
  
  
• iShares FTSE China 25 Index Fun (NYSE: FXI) down 0.24 percent to $40.22. China stocks ended lower Friday as the seven-day repurchase rate rose 94 basis points to 5.31 percent, making it tougher for small businesses to get loans, and a lower annual growth target for China might be set at the upcoming National People’s Congress meetings in March.

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