RSPT, FTNT, TRMB, WDC: Large Inflows Detected at ETF Wednesday, March 20, 12:07 PM ET, by Market News Video Staff Symbols mentioned in this story: RSPT, FTNT, TRMB, WDC Exchange traded funds (ETFs) trade just ...
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Noteworthy ETF Outflows: XSD, PI, MCHP, SWKS Monday, March 25, 10:57 AM ET, by Market News Video Staff Symbols mentioned in this story: XSD, PI, MCHP, SWKS Exchange traded funds (ETFs) trade just ...
In afternoon trading on Tuesday, Technology & Communications stocks are the best performing sector, up 1.8%. Within that group, Fortinet Inc (NASDAQ:FTNT) and Microchip Technology Inc (NASDAQ:MCHP) are two large stocks leading the way, showing a gain of 8.6% and 6.9%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (NYSE:XLK), which is up 2.7% on the day, and down 20.03% year-to-date. Fortinet Inc, meanwhile, is down 25.90% year-to-date, and Microchip Technology Inc, is down 20.78% year-to-date. Combined, FTNT and MCHP make up approximately 0.8% of the underlying holdings of XLK.
The next best performing sector is the Healthcare sector, up 0.9%. Among large Healthcare stocks, Biogen Inc (NASDAQ:BIIB) and Incyte Corporation (NASDAQ:INCY) are the most notable, showing a gain of 4.9% and 4.2%, respectively. One ETF closely tracking Healthcare stocks is the Health Care Select Sector SPDR ETF (XLV), which is up 0.8% in midday trading, and down 9.20% on a year-to-date basis. Biogen Inc, meanwhile, is down 18.01% year-to-date, and Incyte Corporation is up 3.11% year-to-date. Combined, BIIB and INCY make up approximately 0.9% of the underlying holdings of XLV.
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 Tuesday. As you can see, five sectors are up on the day, while three sectors are down.
Sector
% Change
Technology & Communications
+1.8%
Healthcare
+0.9%
Services
+0.7%
Industrial
+0.7%
Energy
+0.3%
Materials
0.0%
Consumer Products
-0.4%
Financial
-0.4%
Utilities
-1.1%
This Article's Word Cloud:AmongBIIBBiogenCareChangeCombinedCommunicationsComparingConsumerCorporationDividendETFsEnergyFTNTFinancialFortinetGiantsHealthHealthcareHeldINCYIncyteMCHPMicrochipSPDRSectorSelectTechnologyTuesdayafternoonapproximatelybasisbestdatedowngainholdingslargemakemeanwhileperformingrespectivelysectorsectorsshowingstockstradingunderlyingwhichyear
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