Tuesday's ETF Movers: XBI, ILF
ETF Channel Staff - Tuesday, April 22, 5:00 PMIn trading on Tuesday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 4.7% on the day. Components of that ETF showing particular strength include shares of Intercept Pharmaceuticals (ICPT), up about 16.1% and shares of Geron (GERN), up about 13.1% on the day.
And underperforming other ETFs today is the iShares Latin America 40 ETF (ILF), down about 0.4% in Tuesday afternoon trading. Among components of that ETF with the weakest showing on Tuesday were shares of Embraer (ERJ), lower by about 4.1%, and shares of Petroleo Brasileiro SA Petroleum (PBR.A), lower by about 2.6% on the day.