Thursday's ETF Movers: ITB, KRE
ETF Channel Staff - Thursday, April 24, 4:29 PMIn trading on Thursday, the iShares U.S. Home Construction ETF (ITB) is outperforming other ETFs, up about 2.7% on the day. Components of that ETF showing particular strength include shares of DR Horton (DHI), up about 8.4% and shares of M/I Homes (MHO), up about 8.2% on the day.
And underperforming other ETFs today is the SPDR S&P Regional Banking ETF (KRE), down about 1.7% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of The Bancorp Bank (TBBK), lower by about 14.8%, and shares of Texas Capital Bancshares (TCBI), lower by about 11% on the day.