The Utilities sector (XLU) showed little change during trading today while the S&P 500 rose 0.1%.
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. At the start of trading today, XLU was up 1.3% over the last thirty trading days while the S&P 500 was up 4.8%.
Copano Energy L.L.C (CPNO) was a significant gainer in the sector, rising 5.3%. The stock closed at $29.20 with 444,787 shares moving. The stock traded in a range of $28.32 to $30. Shares are up over the last two months, having risen $1.95 (7.2%) from a price of $27.25 on June 12, 2012.
Integrys Energy Group (TEG) was a major loser in the sector. Its price dropped 3.8% (-$2.35) to close at $58.80, as 1.1 million shares moved. The stock traded between $58.31 and $60.55. Shares have been on on the rise over the past three months, climbing $1.12 (1.9%) from a price of $57.68 on July 11, 2012.
Cheniere Energy (LNG) rose 3.2% to close at $14.06, cross its 50-day moving average of $13.82 and 200-day moving average of $14.18. El Paso Pipeline Partners L.P (EPB) declined 1.4% to close at $33.86, moving below its 50-day moving average of $34.27 and 200-day moving average of $34.12.
Boardwalk Pipeline Partners (BWP) rose 2% to close at $27.03, approaching its 50-day moving average of $27.88. It has also moved closer to its 200-day moving average of $27.40. Spectra Energy Partners (SWX) fell 1.4% to close at $31.99, moving closer to its 50-day moving average of $31.51. Also, the stock moved closer to its 200-day moving average of $42.95.
American Electric (AEP) hit a new 52-week high today, reaching $43.96 to top the previous high of $43.08.