Stock Tickers: OIH, DBB, ITB, UVT, GWL, URE, DUG, EZA, HHK, FBT, INP, EWZ, PGJ, CHN
ETF WINNERS JUNE 4, 2007:
Oil Services HOLDRs (OIH) $174.35; +2.7%
PowerShares DB Base Metals (DBB) $27.66; +2.6%
iShares Dow Jones US Home Construction (ITB) $37.29; +1.6%
Ultra Russell2000 Value ProShares (UVT) $72.18; +1.28%
SPDR S&P World ex-US (GWL) $33.65; +1.25%
Ultra Real Estate ProShares (URE) $62.52; +1.23%
ETF LOSERS JUNE 4, 2007:
UltraShort Oil & Gas ProShares (DUG) $48.90; -2.4%
iShares MSCI South Africa Index (EZA) $128.25; -1.6%
HealthShares Cancer (HHK) $29.25; -1.05%
First Trust AMEX Biotech Index (FBT) $25.52; -1.05%
iPath MSCI India Index ETN (INP) $60.54; -1.03%
iShares MSCI Brazil Index (EWZ) $60.65; -0.90%
DJIA 13,676.32; +8.21 (0.06%)
NASDAQ 2,618.29; +4.37 (0.17%)
S&P500 1,539.18; +2.84 (0.18%)
10YR Bond 4.9290%; -0.0270%
NYSE Volume 2,713,846,000
NASDAQ Volume 1,947,730,000
If you can believe it, the PowerShares Golden Dragon-China (PGJ) only fell 0.04% on 278,000 shares, not bad for a day that Shanghai fell 8%. Even the closed-end fund The China Fund Inc. (CHN) only saw a 0.33% drop.
Please note that is you see other winning or losing ETF’s that are the same category as one of the winners and losers that is not in here, it is because we try to default to the most liquid ETF that is means to track any given sector.
Today the main winners were led by oil & gas trackers in various segments in the oil patch: United States Natural Gas (UNG) 3.7%, iShares Dow Jones US Oil & Gas Ex Index (IEO) 2.5%, Ultra Oil & Gas ProShares (DIG) 2.45%, iShares Dow Jones US Oil Equipment Index (IEZ) 2.35%, SPDR S&P Oil & Gas Equipment & Services (XES), SPDR S&P Oil & Gas Exploration & Prod (XOP) 2.2%, Energy Select Sector SPDR (XLE) 1.5%.
After seeing how many oil and energy ETF’s are on the market we would formally like to ask ETF managers not to open up any more oil and gas variations of ETF’s.
Jon C. Ogg
June 4, 2007
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