Tuesday's ETF Movers: ECON, FBT
ETF Channel Staff - Tuesday, March 31, 1:39 PMIn trading on Tuesday, the EGShares Emerging Markets Consumer ETF (ECON) is outperforming other ETFs, up about 0.8% on the day. Components of that ETF showing particular strength include shares of Vipshop Holdings (VIPS), up about 2.9% and shares of BRF Brasil Foods (BRFS), up about 1.3% on the day.
And underperforming other ETFs today is the First Trust NYSE Arca Biotechnology Index Fund ETF (FBT), off about 1.6% in Tuesday afternoon trading. Among components of that ETF with the weakest showing on Tuesday were shares of Intercept Pharmaceuticals (ICPT), lower by about 5%, and shares of Exact Sciences (EXAS), lower by about 3.6% on the day.