Wednesday's ETF Movers: XBI, GXC
ETF Channel Staff - Wednesday, June 4, 3:23 PMIn trading on Wednesday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 1.7% on the day. Components of that ETF showing particular strength include shares of Vanda Pharmaceuticals (VNDA), up about 24.4% and shares of Mannkind (MNKD), up about 10% on the day.
And underperforming other ETFs today is the SPDR S&P China ETF (GXC), off about 0.7% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Jinkosolar Holdings (JKS), lower by about 4.5%, and shares of Yingli Green Energy Holding (YGE), lower by about 2.7% on the day.