Tuesday's ETF Movers: XBI, XLU
ETF Channel Staff - Tuesday, August 26, 1:15 PMIn trading on Tuesday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 2.2% on the day. Components of that ETF showing particular strength include shares of Arrowhead Research (ARWR), up about 12.3% and shares of Isis Pharmaceuticals (ISIS), up about 8.2% on the day.
And underperforming other ETFs today is the Utilities Select Sector SPDR Fund ETF (XLU), off about 0.3% in Tuesday afternoon trading. Among components of that ETF with the weakest showing on Tuesday were shares of Nextera Energy (NEE), lower by about 0.6%, and shares of Entergy (ETR), lower by about 0.6% on the day.