Wednesday, October 20, 2010

Aerospace Defense ETF Outperforms

In midday trade Friday, the iShares Aerospace & Defense ETF ( ITA - news - people ) is outperforming alternative ETFs, up about 1% on the day. Components of that ETF display sold strength embody shares of Spirit Aerosystems ( SPR - news - people ), up about 5.2% and shares of Hexcel, up about 3.4% on the day.Underperforming alternative ETFs is the Oil Services HOLDRS ETF ( OIH - news - people ), down about 2.5% in Friday afternoon trading. Among components of that ETF with the weakest display on Friday were shares of Weatherford International ( WFT - news - people ), reduce by about 4.6%, and shares of Nabors Industries ( NBR - news - people ), reduce by about 4.3% on the day. Market News Video produces and distributes online videos about bonds and investing.
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