A giant deal in the hotel space boosted real estate exchange-traded funds Thursday, after
bid $26 billion for
(HLT - Get Report)
Shares of Hilton were soaring 26% Thursday afternoon. Other hotel stocks were jumping as well.
was adding 7% and
Intercontinental Hotels Group
Ultra Real Estate ProShares
was rising $1.61, or 3.1%, to $53.71. The
DJ Wilshire REIT ETF
was adding $1.40, or 1.4%, to $83.98. The
Vanguard REIT Index ETF
was higher by $1.18, or 1.6%, to $73.57.
Internet Architecture HOLDRs
was another of the few winners Thursday, as holding
jumped to an all-time record of $131.75, nearly a week after the release of the company's much-heralded iPhone. The ETF was recently up 25 cents, or 0.5%, to $48.48.
On the losing side, bundled securities tracking utilities were among the worst performers of the session. Among individual names,
were losing 1.7% or more.
Ultra Utilities ProShares
was losing $2.14, or 2.6%, to $80.70. The
WisdomTree International Utilities ETF
eased 52 cents, or 1.6%, to $31.57. The
Utilities Select Sector SPDR
was down 60 cents, or 1.5%, to $39.55. The
was falling $1.91, or 1.3%, to $142.69.
United States Natural Gas
was also slumping, as natural gas was lower by 3.4 cents to $6.71. The ETF was losing 70 cents, or 1.6%, to $42.41.