Friday Sector Leaders: Utilities, Financial Friday, April 12, 3:01 PM ET, by Market News Video Staff The best performing sector as of midday Friday is the Utilities sector, losing just 0.6%. ...
Relative Strength Alert For LKQ Friday, April 12, 3:55 PM ET, by Market News Video Staff The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, ...
American Electric Power Stock Getting Very Oversold Tuesday, April 16, 12:56 PM ET, by Market News Video Staff In trading on Tuesday, shares of American Electric Power Co Inc (AEP) entered into oversold ...
AEP Crosses Below Key Moving Average Level Tuesday, April 16, 1:19 PM ET, by Market News Video Staff In trading on Tuesday, shares of American Electric Power Co Inc (AEP) crossed below their ...
Analysts Expect XLU Will Reach $69 Wednesday, April 17, 10:03 AM ET, by Market News Video Staff Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...
In afternoon trading on Thursday, Utilities stocks are the best performing sector, up 0.8%. Within that group, FirstEnergy Corp (NYSE:FE) and American Electric Power Co Inc (NASDAQ:AEP) are two large stocks leading the way, showing a gain of 9.4% and 2.2%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (NYSE:XLU), which is up 0.8% on the day, and down 0.32% year-to-date. FirstEnergy Corp, meanwhile, is up 15.42% year-to-date, and American Electric Power Co Inc, is down 2.76% year-to-date. Combined, FE and AEP make up approximately 6.5% of the underlying holdings of XLU.
The next best performing sector is the Consumer Products sector, up 0.5%. Among large Consumer Products stocks, LKQ Corp (NASDAQ:LKQ) and Kraft Heinz Co (NASDAQ:KHC) are the most notable, showing a gain of 7.0% and 5.1%, respectively. One ETF closely tracking Consumer Products stocks is the iShares U.S. Consumer Goods ETF (IYK), which is down 0.1% in midday trading, and up 2.50% on a year-to-date basis. LKQ Corp, meanwhile, is up 11.69% year-to-date, and Kraft Heinz Co is up 12.25% year-to-date. KHC makes up approximately 0.8% of the underlying holdings of IYK.
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 Thursday. As you can see, two sectors are up on the day, while six sectors are down.
Sector
% Change
Utilities
+0.8%
Consumer Products
+0.5%
Services
0.0%
Technology & Communications
-0.4%
Industrial
-0.4%
Healthcare
-0.5%
Financial
-0.5%
Materials
-1.1%
Energy
-2.5%
This Article's Word Cloud:AmericanAmongChangeCombinedCommunicationsComparingConsumerCorpDividendETFsElectricEnergyFinancialFirstEnergyGiantsGoodsHealthcareHeinzHeldHereIndustrialKraftMaterialsNYSEPowerProductsSPDRSectorThursdayUtilitiesafternoonapproximatelybasisbestdatedowngainholdingslargemeanwhileperformingrespectivelysectorsectorsshowingstockstradingunderlyingwhichyear
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.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?
⤹
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.
Play Video:
The Importance of ETFs
Free Email Alerts By Stock:
Start slideshow:
