The Utilities sector (XLU) held steady during a trading day that saw the S&P 500 grow 0.2%.
Although it went in the opposite direction of the market today, the ETF tracked closer to the overall market today than over the past month. Entering today's trading, XLU was up 4.6% over the last thirty trading days while the S&P 500 was down 0.7%.
Copano Energy L.L.C (CPNO) was a major loser in the sector, falling 11.3% (-$3.94) to close at $30.90 with 2.9 million shares moving. The stock traded between $29.81 and $34.67. The stock has been dipping in the last two months, down $4.85 (-13.6%) from a price of $35.75 on March 13, 2012.
NRG Energy (NRG) was a major gainer in the sector, rising 4.6% (+71 cents) to close at $16.13 with 6.1 million shares moving. The stock traded in a range of $15.66 to $16.28. Share price is up, having risen $1.48 (10.1%) from $14.65 on April 11, 2012.
Cheniere Energy (LNG) rose 3.9% to close at $17.22, cross its 50-day moving average of $16.70 and 200-day moving average of $12.92. Korea Electric Power Corporation (KEP) declined 1.4% to close at $10.01, moving below its 50-day moving average of $9.83 and 200-day moving average of $10.57.
Exterran Partners L.P (EXLP) rose 3.5% to close at $20.79, approaching its 50-day moving average of $21.88. It has also moved closer to its 200-day moving average of $22.40. Gas Natural (EGAS) fell 0.6% to close at $11.27, moving down to 0.9% above its 200-day moving average of $11.16.
Pinnacle West (PNW) hit a new 52-week high today, reaching $49.27 to top the previous high of $48.87.
EnerNOC (ENOC) hit a new 52-week low today, hitting $5.54 to fall below the previous low of $5.64.