The Utilities sector (XLU) showed little movement while the S&P 500 gained 0.7% during trading today.
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 3.6% over the last thirty trading days while the S&P 500 was up 7.3%.
Tri-Tech (TRIT) was a major loser in the sector, falling 6.5% (-28 cents) to close at $4.02 with 49,529 shares moving. The stock traded between $3.86 and $4.17.
Cheniere Energy (LNG) was a significant gainer in the sector, rising 5.1%. The stock closed at $15.56 with 3.8 million shares moving. The stock traded in a range of $14.71 to $15.60. Share price is up $3.81 (32.4%) from $11.75 on June 4, 2012.
CPFL Energia (CPL) fell 4.3% to close at $24.62, crossing its 50-day moving average of $24.86. Meanwhile, TransCanada Corporation (TRP) climbed 1.9% to close at $42.59, moving past its 200-day moving average of $42.30. Black Hills (BKH) rose 1.6% to close at $32.66, cross its 50-day moving average of $32.37 and 200-day moving average of $32.92.
Targa Resources (TRGP) rose 1.6% to close at $42.90, approaching its 50-day moving average of $43.64. It has also moved closer to its 200-day moving average of $43.17. Centrais Eletricas Brasileiras (SO) fell 1.4% to close at $7.07, moving closer to its 50-day moving average of $6.90. Also, the stock moved closer to its 200-day moving average of $45.30.
American States Water (AWR) hit a new 52-week high today, reaching $40.44 to top the previous high of $39.92.