Tuesday's ETF Movers: IDU, XBI
ETF Channel Staff - Tuesday, November 14, 1:17 PMIn trading on Tuesday, the iShares U.S. Utilities ETF (IDU) is outperforming other ETFs, up about 1% on the day. Components of that ETF showing particular strength include shares of Southwest Gas (SWX), up about 2.8% and shares of EL Paso Electric (EE), up about 2.3% on the day.
And underperforming other ETFs today is the SPDR S&P Biotech ETF (XBI), down about 3.4% in Tuesday afternoon trading. Among components of that ETF with the weakest showing on Tuesday were shares of Synergy Pharmaceuticals (SGYP), lower by about 16.8%, and shares of Calithera Biosciences (CALA), lower by about 12.6% on the day.