Tuesday's ETF Movers: PAO, AXFN
ETF Channel Staff - Tuesday, February 26, 12:22 PMIn trading on Tuesday, the RiverFront Tactical Balanced Growth Portfolio ETF (PAO) is outperforming other ETFs, up about 2.5% on the day. Components of that ETF showing particular strength include shares of Wisdomtree Japan HD Equity Fund (DXJ), up about 1.8% and shares of Ishares MSCI Japan Index Fund (EWJ), up about 1.4% on the day.
And underperforming other ETFs today is the iShares MSCI ACWI ex US Financials Sector Index Fund ETF (AXFN), off about 3.4% in Tuesday afternoon trading. Among components of that ETF with the weakest showing on Tuesday were shares of Itau Unibanco Banco Multiplo (ITUB), lower by about 2.3%, and shares of Bancolombia S A (CIB), lower by about 1.9% on the day.