Wednesday's ETF Movers: XBI, SOXX
ETF Channel Staff - Wednesday, July 23, 2:22 PMIn trading on Wednesday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 6.3% on the day. Components of that ETF showing particular strength include shares of Puma Biotechnology (PBYI), up about 291.1% and shares of Array Biopharma (ARRY), up about 17.6% on the day.
And underperforming other ETFs today is the iShares PHLX Semiconductor ETF (SOXX), off about 1.8% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Xilinx (XLNX), lower by about 14.3%, and shares of Freescale Semiconductor (FSL), lower by about 5.2% on the day.