Rochester,NY 7/7/2009 11:50:21 PM
Afternoon Movers - EWH - TradingMarkets 7 ETFs You Need to Know for Monday - Sourced WhisperFromWallStreet.com
iShares MSCI Hong Kong Index
Afternoon Movers - EWH - TradingMarkets 7 ETFs You Need to Know for Monday - Sourced WhisperFromWallStreet.com
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iShares MSCI Hong Kong Index, EWH
After Hours: 13.28 -0.23 (-1.70%) 12:29pm ET
With the stock market closed on Friday for the Independence Day holiday weekend, ETF traders will have a sizable number of oversold ETFs to mull over - from consumer cyclicals and financials to country ETFs.
Country ETFs from China to Latin America gapped down at the open on Thursday and continued lower over the course of the trading day. The iShares MSCI Hong Kong Index ETF (NYSE:EWH - News) lost more than 3% intraday on Thursday, while the iShares S&P Latin America 40 Index ETF (NYSE:ILF - News) fell more than 2%. Both EWH and ILF are trading above their 200-day moving averages.
A number of energy ETFs slid deeper below their 200-day moving averages during aggressive selling on the final trading day of the week. Down more than 3% intraday were shares of the Energy Select Sector SPDRS ETF (NYSE:XLE - News) and the iShares Dow Jones U.S. Energy Sector Index ETF (NYSE:IYE - News).
About
The investment seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the Hong Kong market, as measured by the MSCI Hong Kong index. The fund normally invests at least 95% of assets in the securities of its underlying index and in ADRs based on the securities in its underlying index. It uses a representative sampling strategy to try to track the index. The index consists of stocks traded primarily on the Stock Exchange of Hong Kong Limited. It is nondiversified.
Last Trade: 13.29
Day's Range: 13.28 - 13.45
52wk Range: 8.36 - 17.32
Volume: 1,819,579
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