The Utilities sector (XLU) held steady on a trading day that saw S&P 500 drop 0.1%.
The ETF, as a proxy for the sector, tracked closer to the overall market today than over the past month. As trading began today, XLU was down 4.2% over the last thirty trading days, and the S&P 500 climbed 2%.
Cheniere Energy (LNG) was a major gainer in the sector, rising 2.4% (+35 cents) to close at $14.98 with 3.8 million shares moving. The stock traded in a range of $14.53 to $15.08. Shares have been on on the rise over the past three months, climbing $1.24 (9%) from a price of $13.74 on July 30, 2012.
Genie Energy (GNE) was one of the sector's big losers, as its price dropped 2% (-15 cents) to close at $7.45. 23,092 shares of the stock moved. The stock traded between $7.40 and $7.60.
Markwest Energy Partners (MWE) rose 1.9% to close at $52.16, cross its 50-day moving average of $51.96 and 200-day moving average of $54.03.
Crestwood Midstream Partners (CMLP) rose 2.1% to close at $24.19, approaching its 50-day moving average of $25.07. It has also moved closer to its 200-day moving average of $26.63.