Friday's ETF Movers: KBWI, XLU
ETF Channel Staff - Friday, January 27, 12:46 PMIn trading on Friday, the KBW Insurance Portfolio ETF (KBWI) is outperforming other ETFs, up about 4.3% on the day. Components of that ETF showing particular strength include shares of Prudential Financial (PRU), up about 1.4% and shares of Lincoln National (LNC), up about 1.1% on the day.
And underperforming other ETFs today is the Utilities Select Sector SPDR Fund ETF (XLU), down about 1.2% in Friday afternoon trading. Among components of that ETF with the weakest showing on Friday were shares of American Electric Power (AEP), lower by about 3%, and shares of NRG Energy (NRG), lower by about 2.1% on the day.