Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Top ETF Movers on Tuesday

On Tuesday the markets have inched down in the morning after closing in green the day before. In the morning, the Dow Jones Industrial Average (INDEXDJX:.DJI) and the S&P 500 INDEX (INDEXCBOE:SPX) declined by 0.06% and 0.11% respectively. Among the top stock gainers is the Charles Schwab Corp (NYSE:SCHW), and Goldman Sachs Group Inc (NYSE:GS), which added around 4.07% and 1.21% respectively on Tuesday morning.

Gold bar

Among the ETFs, the leader on Tuesday morning, the same as the day before is Direxion Daily South Korea Bear 3X Shrs (NYSEARCA:KORZ), which today gained around 4.70% to $22.10. It is followed by Direxion Daily Jr Gld Mnrs Bear 3X Shrs (NYSEARCA:JDST), which appreciated by some 3.30%, currently trading at around $16.90. This ETF gains profits from the inverse activity of the Market Vectors Junior Gold Miners Index. Around 80% of the ETF’s assets is invested in futures, options, equity caps and other securities tracking the performance of the small and mid cap companies in the global gold and silver mining industry. So far today, the price of Gold and Silver has been trading in red.

Another top gainer is Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX), which picked up some 2.60% on Monday, while since the beginning of the year, its return amounts to 13.80%. The Global X MLP & Energy Infrastructure ETF (NYSEARCA:MLPX) is tracking MLPs and energy infrastructure companies from the Solactive MLP & Energy Infrastructure Index, with 80% of its total assets being held in securities from the underlying index.

Opposite to the aforementioned Direxion Daily Jr Gld Mnrs Bear 3X Shrs (NYSEARCA:JDST), the top loser ETF on Tuesday is Direxion Daily Jr Gld Mnrs Bull 3X Shrs (NYSEARCA:JNUG), which holds long positions in securities from the Market Vectors Junior Gold Miners Index. This ETF lost 2.70% on Tuesday, probably being impacted by the decline experienced by the Gold and Silver prices. Overall, over the last three months Direxion Daily Jr Gld Mnrs Bull 3X Shrs (NYSEARCA:JNUG) dropped by some 52%.

Another top loser is First Trust Morningstar Futs Strat (NYSEARCA:FMF), which slid by some 2.2% on Tuesday, and currently trades at around $51.60. This non-diversified ETF is looking for positive returns, which are not directly correlated to fixed income returns or broad market equity, using the Morningstar Diversified Futures Index as a benchmark.

Disclosure: none

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...
X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!