The Consumer/Non-Cyclical sector (XLP) showed little movement on a trading day that saw S&P 500 fall 0.7%.
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, XLP was up 0.1% over the last thirty trading days while the S&P 500 was down 0.6%.
Inventure Foods (SNAK) was one of the sector's big losers, as its price dropped 15.4% (-$1.12) to close at $6.13. 549,226 shares of the stock moved. The stock traded between $5.50 and $6.82. Shares are down, having dropped $1.13 (-15.6%) from a price of $7.26 on July 26, 2012.
Smart Balance (SMBL) was a significant gainer in the sector, rising 12%. The stock closed at $10.64 with 1.9 million shares moving. The stock traded in a range of $9.43 to $11.19.
Compania Cervecerias Unidas (CCU) fell 5.2% to close at $62.40, crossing its 50-day moving average of $64.48. Meanwhile, Boston Beer (SAM) climbed 2.6% to close at $109.42, moving past its 200-day moving average of $106.91.
Tejon Ranch Company (TRC) rose 3.2% to close at $26.18, approaching its 50-day moving average of $27.38. It has also moved closer to its 200-day moving average of $27.79. Central Garden & Pet (ECL) fell 5.4% to close at $10.75, moving closer to its 50-day moving average of $10.53. Also, the stock moved closer to its 200-day moving average of $63.30.
Avon Products (AVP) hit a new 52-week low today, hitting $14.45 to fall below the previous low of $14.82.