On a trading day that saw the S&P 500 gain 0.3%, the Utilities sector (XLU) showed little change.
The ETF, as a proxy for the sector, tracked closer to the overall market today than over the past week. Going into trading today, XLU was up 1.6% over the last seven trading days while the S&P 500 went up 3.2%.
Tri-Tech (TRIT) was a significant gainer in the sector, rising 11.5%. The stock closed at $4.26 with 26,912 shares moving. The stock traded in a range of $3.85 to $4.26. The stock has lost momentum over the last three months, losing $2.21 (-34.2%) from $6.47 on April 23, 2012. Cadiz (CDZI) was another big mover, climbing 61 cents (+9.4%) to a closing price of $7.12.
EDENOR (EDN) was one of the sector's big losers, as its price dropped 7.1% (-18 cents) to close at $2.32. 1,050 shares of the stock moved. The stock traded in a range of $2.29 to $2.43.
Crosstex Energy (XTXI) declined 1.9% to close at $13.72, moving below its 50-day moving average of $13.95 and 200-day moving average of $13.79. Markwest Energy Partners (MWE) climbed 1.6% to close at $54.84, moving past its 200-day moving average of $54.70.
Cheniere Energy (LNG) rose 1.9% to close at $13.83, getting closer to its 200-day moving average or $14.08. Hawaiian Electric Industries (ENI) fell 1.7% to close at $28.73, moving closer to its 50-day moving average of $28.28. Also, the stock moved closer to its 200-day moving average of $18.87.
FirstEnergy (FE) hit a new 52-week high today, reaching $50.33 to top the previous high of $49.93.