Wednesday's ETF Movers: GDX, XBI
ETF Channel Staff - Wednesday, April 23, 2:30 PMIn trading on Wednesday, the Gold Miners ETF (GDX) is outperforming other ETFs, up about 1.8% on the day. Components of that ETF showing particular strength include shares of Alacer Gold (ASR.CA), up about 8.2% and shares of Detour Gold (DGC.CA), up about 5.5% on the day.
And underperforming other ETFs today is the SPDR S&P Biotech ETF (XBI), off about 1.9% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Puma Biotechnology (PBYI), lower by about 6.4%, and shares of Intercept Pharmaceuticals (ICPT), lower by about 6.4% on the day.