Markets EXC

Thursday Sector Leaders: Utilities, Services

Looking at the sectors faring best as of midday Thursday, shares of Utilities companies are outperforming other sectors, up 0.6%. Within that group, Exelon Corp (Symbol: EXC) and Pinnacle West Capital Corp (Symbol: PNW) are two large stocks leading the way, showing a gain of 1.5% and 1.3%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is up 0.6% on the day, and down 7.14% year-to-date. Exelon Corp, meanwhile, is down 13.40% year-to-date, and Pinnacle West Capital Corp is up 0.73% year-to-date. Combined, EXC and PNW make up approximately 4.7% of the underlying holdings of XLU.

The next best performing sector is the Services sector, up 0.3%. Among large Services stocks, Match Group Inc (Symbol: MTCH) and Tractor Supply Co. (Symbol: TSCO) are the most notable, showing a gain of 2.6% and 2.2%, respectively. One ETF closely tracking Services stocks is the iShares U.S. Consumer Services ETF (IYC), which is flat on the day in midday trading, and up 35.41% on a year-to-date basis. Match Group Inc, meanwhile, is down 10.56% year-to-date, and Tractor Supply Co., is down 0.78% year-to-date. TSCO makes up approximately 0.4% of the underlying holdings of IYC.

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:

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

Sector % Change
Utilities +0.6%
Services +0.3%
Financial +0.3%
Consumer Products +0.2%
Healthcare +0.2%
Technology & Communications +0.1%
Industrial +0.1%
Materials -0.4%
Energy -1.0%

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Also see:
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• Institutional Holders of STNE

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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