|Bid||32.8300 x 3200|
|Ask||32.8400 x 2900|
|Day's Range||32.76 - 33.01|
|52 Week Range||25.94 - 46.64|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.47|
|Expense Ratio (net)||0.60%|
U.S. crude bounced back nicely and recorded its weekly gain in two months ending their longest run of weekly losses since 2015. This is primarily thanks to the tightening supply outlook on the back of looming Iranian supply shortages, and a strike in the North Sea oil and gas fields amid rising U.S. oil production.
The energy sector enjoyed a strong surge last week as oil price recorded its weekly gain in two months ending their longest run of weekly losses since 2015.
A slew of upbeat economic data, especially job and manufacturing, has spread optimism and reignited appeal for momentum ETFs & stocks.
Energy stocks are tracking oil prices higher and that's good news for a slew of exchange-traded funds. On Monday, 24 ETFs hit 52-week highs, 14 of which were oil funds or equity-based energy sector funds. PXI, which is about 11 and a half years old, tracks the Dorsey Wright Energy Technical Leaders Index.
In the last trading session, U.S. stocks climbed on easing fears of trade tensions and a rebound in technology stocks. Among the top ETFs, investors saw SPY gain 1.15%, DIA rise 0.91%, and QQQ move higher by 1.58% on the day.Source: Shutterstock