PXJ - Oil & gas ETFs are among the best performers of the day
A little after the midpoint in today’s trading and market, participants can see the top-performing exchange traded funds all fall in the energy sector, with oil pushing through $64/bbl.The +2% move up in oil futures posted comes as crude inventories rise slightly in the latest EIA report.Below are some of the top moving exchange traded funds on the day:S&P Oil & Gas Eqpt & Services SPDR (XES): +5.81%.US Oil Equipment & Services Ishares ETF (IEZ): +5.44%.Dynamic Oil & Gas Services Invesco ETF (PXJ): +5.36%.Oil Services Vaneck ETF (OIH): +5.24%.Natural Gas ETF FT (FCG): +4.38%.S&P 500 EW Energy Invesco ETF (RYE): +4.26%.S&P Oil & Gas Expl & Prod SPDR (XOP): +4.26%.US Oil & Gas Expl & Prod Ishares ETF (IEO): +4.14%.In other commodities-related news, Goldman Sachs sees commodities rallying and oil reaching $80/bbl over the next six months.
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Oil & gas ETFs are among the best performers of the day