Published August 17, 2012
The Utilities sector (XLU) held steady during a trading day that saw the S&P 500 grow 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. Entering today's trading, XLU was down 1.3% over the last thirty trading days while the S&P 500 was up 3.2%.
Tri-Tech (TRIT) was a major loser in the sector, falling 5.6% (-21 cents) to close at $3.57 with 44,277 shares moving. The stock traded in a range of $3.49 to $3.87. The stock has fallen over the last three months, dropping $1.23 (-25.6%) from $4.80 on May 22, 2012.
Increasing 4.8% (+35 cents) to close at $7.60, Genie Energy (GNE) was a major gainer in the sector. Today, 67,966 shares traded hands. The stock traded in a range of $7.14 to $7.60.
SJW (SJW) rose 1.8% to close at $23.89, cross its 50-day moving average of $23.61 and 200-day moving average of $23.71.
Enersis (ENI) rose 1.3% to close at $16.94, approaching its 50-day moving average of $17.82. It has also moved closer to its 200-day moving average of $18.59.