Wednesday's ETF Movers: XBI, ILF
ETF Channel Staff - Wednesday, March 4, 12:53 PMIn trading on Wednesday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 1.9% on the day. Components of that ETF showing particular strength include shares of Orexigen Therapeutics (OREX), up about 13.6% and shares of Celldex Therapeutics (CLDX), up about 9.4% on the day.
And underperforming other ETFs today is the iShares Latin America 40 ETF (ILF), down about 2.2% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of BRF Brasil Foods (BRFS), lower by about 4.7%, and shares of CPFL Energia (CPL), lower by about 4.5% on the day.