The Utilities sector (XLU) held steady during a trading day that saw the S&P 500 grow 1.4%.
While being down today, the ETF, as a proxy for sector performance, tracked closer to the overall market today than over the past month. Entering today's trading, XLU was up 1.3% over the last thirty trading days while the S&P 500 was down 1.7%.
Cadiz (CDZI) was a significant gainer in the sector, rising 6.1%. The stock closed at $8.98 with 33,386 shares moving. The stock traded in a range of $8.46 to $9.14. The stock has fallen over the last three months, dropping $1.76 (-16.4%) from $10.74 on January 27, 2012.
TC Pipelines (TCP) was a major loser in the sector. Its price dropped 3.4% (-$1.48) to close at $42.67, as 163,629 shares moved. The stock traded between $42.64 and $44.39.
MDU Resources Group (MDU) rose 2.8% to close at $22.49, cross its 50-day moving average of $22.05 and 200-day moving average of $21.37.
Williams Partners L.P (WPZ) rose 3.3% to close at $56.40, approaching its 50-day moving average of $56.45. It has also moved closer to its 200-day moving average of $58.39. Copano Energy L.L.C (KMP) fell 1.4% to close at $36.22, moving closer to its 50-day moving average of $35.71. Also, the stock moved closer to its 200-day moving average of $81.62.
Cheniere Energy Partners L.P (CQP) hit a new 52-week high today, reaching $25.98 to top the previous high of $25.75.
Pampa Energia (PAM) hit a new 52-week low today, hitting $6.83 to fall below the previous low of $6.97.