Monday's ETF Movers: FGEM, ADRA
ETF Channel Staff - Monday, March 11, 1:10 PMIn trading on Monday, the Financials GEMS ETF (FGEM) is outperforming other ETFs, up about 3.2% on the day. Components of that ETF showing particular strength include shares of Asa Gold and Precious Metals Limited (ASA), up about 0.5% and shares of Icici Bank Limited (IBN), down about 0.5% on the day.
And underperforming other ETFs today is the BLDRS Asia 50 ADR Index Fund ETF (ADRA), down about 1.6% in Monday afternoon trading. Among components of that ETF with the weakest showing on Monday were shares of Infosys Limited (INFY), lower by about 2%, and shares of China Unicom Hong Kong Limited Ads E (CHU), lower by about 1.7% on the day.