By Market News Video Staff, Tuesday, December 7, 7:08 AM ET
As the federal investigation into the gulf oil disaster continues, the panel will be questioning BP (NYSE:BP) and Transocean (NYSE:RIG).
During the crisis BP stock took a major hit, falling as low as $26.75 from a high of $62.38. Currently the stock has bounced to $42.81. Transocean experienced a similar situation, with their stock dropping from a high of $94.88 to as low as $41.88. It has also sinced bounced, closing yesterday at $70.93.
As the hearings continue, ETF Channel thought it prudent to investigate which ETFs have the largest exposure to BP and RIG.
Using the ETF Finder the Vanguard European ETF (AMEX:VGK) has the largest percentage holding of BP at 6.42% of the ETF. For all ETFs that hold BP, click here. The ETF that holds the largest percentage of RIG is the Oil Servies HOLDRS (AMEX:OIH) at 11.16% of the portfolio. For all ETFs that hold RIG, click here.
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