Tuesday's ETF Movers: OIH, FPE
In trading on Tuesday, the Oil Services ETF ( OIH ) is outperforming other ETFs, up about 3.4% on the day. Components of that ETF showing particular strength include shares of Ensco ( ESV ), up about 7.8% and shares of Superior Energy Services ( SPN ), up about 6.8% on the day.
And underperforming other ETFs today is the First Trust Preferred Securities and Income ETF ( FPE ), off about 0.1% in Tuesday afternoon trading. Among components of that ETF with the weakest showing on Tuesday were shares of Solar Capital 6.75 Senior ( SLRA ), lower by about 0.5%, and shares of Mfa Financial 8.00 Senior Notes (MFO), lower by about 0.5% on the day.
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