Monday's ETF Movers: IYW, PIN
ETF Channel Staff - Monday, April 20, 2:03 PMIn trading on Monday, the iShares U.S. Technology ETF (IYW) is outperforming other ETFs, up about 1.9% on the day. Components of that ETF showing particular strength include shares of Rovi (ROVI), up about 8.5% and shares of Manhattan Associates (MANH), up about 6.6% on the day.
And underperforming other ETFs today is the PowerShares India Portfolio ETF (PIN), down about 2.5% in Monday afternoon trading. Among components of that ETF with the weakest showing on Monday were shares of DB Base Metals Short ETN (BOS), relatively unchanged, and shares of Millennial Media (MM), relatively unchanged on the day.