Friday's ETF Movers: IYT, IHI
ETF Channel Staff - Friday, July 12, 2:45 PMIn trading on Friday, the iShares Transportation Average ETF (IYT) is outperforming other ETFs, up about 2.4% on the day. Components of that ETF showing particular strength include shares of J.B. Hunt Transport Services (JBHT), up about 6.2% and shares of Ryder System (R), up about 5.3% on the day.
And underperforming other ETFs today is the iShares U.S. Medical Devices ETF (IHI), down about 1.5% in Friday afternoon trading. Among components of that ETF with the weakest showing on Friday were shares of Transenterix (TRXC), lower by about 5.3%, and shares of Tandem Diabetes Care (TNDM), lower by about 4.6% on the day.