Wednesday's ETF Movers: EMFN, RALS
ETF Channel Staff - Wednesday, January 2, 12:25 PMIn trading on Wednesday, the iShares MSCI Emerging Markets Financials Sector Index Fund ETF (EMFN) is outperforming other ETFs, up about 5.7% on the day. Components of that ETF showing particular strength include shares of Icici Bank Limited (IBN), up about 4.3% and shares of Shinhan Financial Group Coltd (SHG), up about 4% on the day.
And underperforming other ETFs today is the Proshares RAFIĆ Long/Short ETF (RALS), down about 0.6% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Nii Holdings (NIHD), lower by about 3.4%, and shares of Kindred Healthcare (KND), lower by about 0.7% on the day.