This Week's ETF Winners & Losers
A number of exchange-traded funds gained ground for the week, and those tracking energy and oil ranked among the best performers.
The Oil Service HOLDRs (OIH) rose 3.9% over the past five days, and the PowerShares Dynamic Oil & Gas Services (PXJ) fund tacked on 4%. The iShares Dow Jones U.S. Energy Sector (IYE) and Ultra Oil & Gas ProShares (DIG) spiked 4.3% and 7.9%, respectively.
While crude oil saw erratic day-to-day movements, repeatedly hitting new record highs before succumbing to profit-taking, in the end it reaped gains for the week, ending at $126.29 a barrel.
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