In afternoon trading on Friday, Healthcare stocks are the best performing sector, up 0.9%. Within the sector, Zimmer Biomet Holdings Inc (NYSE:ZBH) and Idexx Laboratories, Inc. (NASDAQ:IDXX) are two of the day's stand-outs, showing a gain of 2.7% and 2.0%, respectively. Among healthcare ETFs, one ETF following the sector is the Health Care Select Sector SPDR ETF (AMEX:XLV), which is up 0.8% on the day, and up 17.26% year-to-date. Zimmer Biomet Holdings Inc, meanwhile, is up 28.87% year-to-date, and Idexx Laboratories, Inc. is up 42.31% year-to-date. Combined, ZBH and IDXX make up approximately 1.4% of the underlying holdings of XLV.
The next best performing sector is the Utilities sector, higher by 0.8%. Among large Utilities stocks, NRG Energy Inc (NYSE:NRG) and FirstEnergy Corp (NYSE:FE) are the most notable, showing a gain of 3.1% and 2.2%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is up 0.7% in midday trading, and up 8.80% on a year-to-date basis. NRG Energy Inc, meanwhile, is up 87.28% year-to-date, and FirstEnergy Corp is up 0.16% year-to-date. Combined, NRG and FE make up approximately 3.2% of the underlying holdings of XLU.
Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom:
Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Friday. As you can see, nine sectors are up on the day, while none of the sectors are down.
This Article's Word Cloud:AmongBiometCombinedCorpDividendETFsEnergyFinancialFirstEnergyFridayHealthcareHereHoldingsIDXXIdexxLaboratoriesNYSEProductsSPDRSectorSelectStartTechnologyUtilitiesZimmerafternoonapproximatelybasisbestdateeachgainholdingsmakemeanwhileoutsperformingrelativerespectivelysectorsectorsshowingshownstocksthesetradingunderlyingwhichwithyear
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.