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Wednesday's ETF Movers: XOP, FPE

In trading on Wednesday, the SPDR S&P Oil & Gas Exploration & Production ETF ( XOP ) is outperforming other ETFs, up about 5.8% on the day. Components of that ETF showing particular strength include shares of Halcon Resources ( HK ), up about 19.5% and shares of Sanchez Energy ( SN ), up about 17% on the day.

And underperforming other ETFs today is the First Trust Preferred Securities and Income ETF ( FPE ), down about 0.5% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of SLM Floating Rate Preferred Series B ( SLMBP ), lower by about 2.1%, and shares of BGC Partners (BGCA), lower by about 0.8% on the day.

VIDEO: Wednesday's ETF Movers: XOP, FPE

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


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

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