Thursday's ETF Movers: KRE, XLU

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In trading on Thursday, the SPDR S&P Regional Banking ETF ( KRE ) is outperforming other ETFs, up about 1.4% on the day. Components of that ETF showing particular strength include shares of Western Alliance Bancorp ( WAL ), up about 2.8% and shares of East West Bancorp ( EWBC ), up about 2.8% on the day.

And underperforming other ETFs today is the Utilities Select Sector SPDR Fund ETF ( XLU ), down about 1.1% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of Public Service Enterprise Group ( PEG ), lower by about 2.2%, and shares of Teco Energy (TE), lower by about 1.9% on the day.


Thursday's ETF Movers: KRE, XLU VIDEO: Thursday's ETF Movers: KRE, XLU



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas

Referenced Stocks: KRE , WAL , EWBC , XLU , PEG

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