Markets AES

Monday Sector Leaders: Utilities, Technology & Communications

The best performing sector as of midday Monday is the Utilities sector, up 0.9%. Within that group, AES Corp (Symbol: AES) and PG&E Corp (Symbol: PCG) are two of the day's stand-outs, showing a gain of 3.2% and 1.8%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is up 0.8% on the day, and up 0.46% year-to-date. AES Corp, meanwhile, is up 2.55% year-to-date, and PG&E Corp, is down 4.98% year-to-date. Combined, AES and PCG make up approximately 3.3% of the underlying holdings of XLU.

The next best performing sector is the Technology & Communications sector, higher by 0.7%. Among large Technology & Communications stocks, Arista Networks Inc (Symbol: ANET) and Seagate Technology Holdings PLC (Symbol: STX) are the most notable, showing a gain of 5.8% and 4.9%, respectively. One ETF closely tracking Technology & Communications stocks is the Technology Select Sector SPDR ETF (XLK), which is up 1.0% in midday trading, and up 1.79% on a year-to-date basis. Arista Networks Inc, meanwhile, is up 10.12% year-to-date, and Seagate Technology Holdings PLC is up 31.86% year-to-date. Combined, ANET and STX make up approximately 1.9% of the underlying holdings of XLK.

Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom:

RediNews

Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Monday. As you can see, four sectors are up on the day, while three sectors are down.

Sector% Change
Utilities+0.9%
Technology & Communications+0.7%
Healthcare+0.3%
Industrial+0.1%
Consumer Products0.0%
Financial0.0%
Materials-0.1%
Energy-0.1%
Services-0.3%

25 Dividend Giants Widely Held By ETFs »

Also see:

• MTCR YTD Return
• Top Ten Hedge Funds Holding TLGA
• BNS YTD Return

BNK Invest
BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.
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