Thursday's ETF Movers: GDX, XBI
ETF Channel Staff - Thursday, March 26, 1:40 PMIn trading on Thursday, the Gold Miners ETF (GDX) is outperforming other ETFs, up about 0.5% on the day. Components of that ETF showing particular strength include shares of Harmony Gold Mining (HMY), up about 3.7% and shares of IAMGOLD (IAG), up about 2.9% on the day.
And underperforming other ETFs today is the SPDR S&P Biotech ETF (XBI), off about 1.7% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of Kite Pharma (KITE), lower by about 10.7%, and shares of Novavax (NVAX), lower by about 7% on the day.