Today’s Top 5 ETF Gainers (AGQ, GDX, IYT, DBS, SLV) by Penny Stock Pick Alert
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Wed, 04 Nov 2009 20:01:53 GMT |
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(EMAILWIRE.COM, November 04, 2009 ) Dallas , TX - ProShares Ultra Silver (ETF) (NYSE:AGQ), correspond to twice the daily performance as measured by the United States dollar fixing price for delivery in London, was the top percentage ETF mover and climbed 10.39% to $60.58 as today silver prices rose over 4% on falling Dollar. ProShares Ultra Silver (the Fund) seeks to provide daily investment results that correspond to twice (200%) the daily performance as measured by the United States dollar fixing price for delivery in London.
Market Vectors Gold Miners (ETF) (NYSE:GDX) rose 7.65% to $46.16 following Gold hit a record life time high at $ $1,087 an ounce (December delivery). So far this year GDX is up over 35%. Market Vectors Gold Miners ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the NYSE Arca Gold Miners Index (the Index) by investing in a portfolio of securities that generally replicates the Index.
iShares Dow Jones Transport. Avg. (ETF) (NYSE:IYT), which correspond generally to the price and yield performance of the Dow Jones Transportation Average Index (the Index), rose 5.35% to $67.70 on news that Warren Buffett’s Berkshire Hathaway (NYSE: BRK-B) would buy Burlington Northern Santa Fe (NYSE: BNI) for $34 billion. Also BNI is the largest holding in the ETF.
PowerShares DB Silver Fund (ETF) (NYSE:IYT) soared 5.01% to $30.84 on rising silver prices. So far this year DBS is up over 50%. PowerShares DB Silver Fund (the Fund) is a separate series of PowerShares DB Multi-Sector Commodity Trust (the Trust), a Delaware statutory trust organized in seven separate series, and its subsidiary, DB Silver Master Fund (the Master Fund), a separate series of DB Multi-Sector Commodity Master Trust (the Master Trust), a Delaware statutory trust organized in seven separate series, which were formed on August 3, 2006. DB Commodity Services LLC (DBCS) funded both the Fund and the Master Fund.
iShares Silver Trust (ETF) (NYSE:SLV) climbed 5.07% to $16.98 on rising silver prices. So far this year SLV is up over 50%. iShares Silver Trust (the Trust) is a grantor trust. The purpose of the Trust is to own silver transferred to the Trust in exchange for shares issued by the Trust.
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