The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the oil and gas exploration and production segment of a U.S. total market composite index. In seeking to track the performance of the S&P Oil & Gas Exploration & Production Select Industry Index, the fund employs a sampling strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index.
Until the trading channel changes my sells on oil related stocks will be at or near $50 a barrel. That is what I have been doing on WPX not in this index.
Oil Extends Slide As U.S. Stockpile Jumps By 14.4 Million Barrels https://www.google.com/search?q=Oil...mp&aqs=chrome..69i57&sourceid=chrome&ie=UTF-8