Welcome to Don Dion's Daily ETF Winners and Losers. Be sure to stop by each day to get a feel of who's winning and who's losing when it comes to ETFs.
SPDR Dow Jones REIT ETF
REIT ETFs are some of the biggest gainers today. Aiding to the fund's rally is
Simon Property Group
(SPG) which appears to be willing to drop its bid to purchase General Growth because of anti-trust concerns. Simon Property accounts for nearly 10% of RWR's total portfolio.
United States Natural Gas Fund
Throughout today's choppy trading,
has risen from being one of the biggest losers to earn a spot among the top winners of the day. Natural gas prices got boost today after investors saw signs that producers were planning to reduce output in light of the fuel's ongoing price weakness.
Market Vectors Gold Miners ETF
The large cap gold miner ETF slipped for the second day in a row today as the price of the yellow metal briefly stumbled below $1,150 per ounce. The trade report from the U.S. helped support gold prices after investors learned that the deficit grew more than expected in Feb., but mining stocks were broadly lower.
Market Vectors Nuclear Energy ETF
The nuclear energy sector has suffered losses today as the 47-nation nuclear summit continues. As President Obama and others attempt to enforce more oversight measures to prevent nuclear proliferation, expect top industry players to be pressured.
iShares Dow Jones U.S. Oil Equipment Index Fund
ETFs designed to track oil services have taken a hit today amid concerns of high inventory and floundering demand punishing the oil market. Leading the downward slide is top holding
which is on the cusp of completing its merger with fellow top IEZ holding, BJ Services.
SPDR KBW Regional Banking ETF
Regional banks are feeling the heat today after
cut the industry to sell. Firms including
received rating cuts.
Going forward, investors should keep an eye on earnings as many banks are scheduled to report in the coming weeks.
All prices as of 2:25 PM EST