Tuesday's ETF Movers: KBWC, EMFN
ETF Channel Staff - Tuesday, December 18, 2:57 PMIn trading on Tuesday, the KBW Capital Markets Portfolio ETF (KBWC) is outperforming other ETFs, up about 5.3% on the day. Components of that ETF showing particular strength include shares of Stifel Financial (SF), up about 3.3% and shares of Morgan Stanley (MS), up about 3.3% on the day.
And underperforming other ETFs today is the iShares MSCI Emerging Markets Financials Sector Index Fund ETF (EMFN), off about 3.3% in Tuesday afternoon trading. Among components of that ETF with the weakest showing on Tuesday were shares of Shinhan Financial Group Coltd (SHG), lower by about 0.5%, and shares of Bancolombia S A (CIB), lower by about 0.5% on the day.