Fund BasicsSee More
- Fund Family State Street Global Advisors
- Assets Under Management 28,264,800,000
- Shares Outstanding, K 483,324
- 60-Month Beta 1.75
|Period||Period Low||Period High||Performance|
| || |
+10.06 (+21.25%)since 09/21/21
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+8.16 (+16.57%)since 07/21/21
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+28.08 (+95.74%)since 10/21/20
Oil prices have soared to multi year highs on rising demand and supply disruptions
US crude stocks increased last week by 6.1mb and demand fell by 1.651m bpd. However, prices continued to increase supported by upbeat monthly reports from OPEC and the IEA which forecast a large increase...
The fundamentals for kero / diesels weakened last week with US stocks unchanged and demand lower. As a result the days cover increased by 3.3 to 32.9. However, stocks are below the five year average....
Gasoline fundamentals were little changed with stocks falling by 2mb, holding below the five year average and continuing the seasonal fall. Demand fell by 241,000 bpd on the week but is 69,700 bpd above...
This energy ETF hits a new 52-week high. Are more gains in store for this ETF?
Sector ETF report for RYE
Crude oil fundamentals also improved last week with rising demand offsetting rising stocks. As a result the days cover fell by 1 day to 19.6 days. Days cover is very low and close to a 12 month low....
The fundamentals for gasoline weakened last week with stocks posting a sharp rise of 3.3mb and demand little changed. The rise in stocks has came surprisingly early with stocks not normally bottoming...
The fundamentals for kero / diesels tightened last week with total US distillate stocks falling by 400,000 bpd and demand increasing by 392,000 bpd. As a result the days cover fell by 3 days to 29.6 days....
Sector ETF report for FENY
|3rd Resistance Point||59.44|
|2nd Resistance Point||58.84|
|1st Resistance Point||58.13|
|1st Support Level||56.82|
|2nd Support Level||56.22|
|3rd Support Level||55.51|