Thursday's ETF Movers: FCG, ITB
ETF Channel Staff - Thursday, April 17, 3:00 PMIn trading on Thursday, the First Trust ISE-Revere Natural Gas Index Fund ETF (FCG) is outperforming other ETFs, up about 1.3% on the day. Components of that ETF showing particular strength include shares of Quicksilver Resources (KWK), up about 5.8% and shares of Ultra Petroleum (UPL), up about 3.8% on the day.
And underperforming other ETFs today is the iShares U.S. Home Construction ETF (ITB), off about 1.1% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of Universal Forest Products (UFPI), lower by about 4.9%, and shares of M/I Homes (MHO), lower by about 2.5% on the day.