Monday March 29th ETF Movers: XME, IIH
In midday trading Monday, the SPDR S&P Metals and Mining ETF (XME) is outperforming other ETFs, up about 3.3% on the day. And underperforming other ETFs today is the Internet Infrastructure HOLDRS ETF (IIH), down about 1% in Monday afternoon trading. (see the full video below)
About the SPDR S&P Metals and Mining ETF (XME)
The SPDR S&P Metals and Mining ETF (XME) seeks to replicate as closely as possible, before expenses, the total return performance of the S&P Metals and Mining Select Industry® Index (ticker:SPSIMMTR). Our approach is designed to produce portfolios with low portfolio turnover, accurate tracking, and lower costs.
About the Internet Infrastructure HOLDRS ETF (IIH)
The Internet Infrastructure HOLDRS ETF (IIH) seeks to diversify your investment in the Internet infrastructure segment of the Internet industry through a single, exchange-listed instrument representing your undivided beneficial ownership of the underlying securities. The trust holds shares of common stock issued by specified companies that, when initially selected, were involved in the Internet infrastructure segment of the Internet industry. Except when a reconstitution event, distribution of securities by an underlying issuer or other event occurs, the group of companies will not change. There are currently 14 companies included in the Internet Infrastructure HOLDRS.
Related posts:
Most Comments