Investor Alert

Aug. 17, 2022, 12:35 p.m. EDT

Wednesday's ETF Movers: XLE, ARKK

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Aug 17, 2022 (MarketNewsVideo.com via COMTEX) --

In trading on Wednesday, the The Energy Select Sector SPDR Fund ETF is outperforming other ETFs, up about 0.4% on the day. Components of that ETF showing particular strength include shares of Valero Energy, up about 2.8% and shares of Marathon Petroleum, up about 1.7% on the day.

And underperforming other ETFs today is the ARK Innovation ETF, off about 5.2% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Ginkgo Bioworks Holdings, lower by about 9.6%, and shares of Teladoc Health, lower by about 7.8% on the day.

The preceding is a transcript of the MarketNewsVideo.com video published at: https://www.marketnewsvideo.com/?id=20220820220817etfotherVLOM&mv=1 .


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