Wednesday's ETF Movers: BBH, XOP
ETF Channel Staff - Wednesday, May 27, 11:24 AMIn trading on Wednesday, the Biotech ETF (BBH) is outperforming other ETFs, up about 1.4% on the day. Components of that ETF showing particular strength include shares of Mannkind (MNKD), up about 7.2% and shares of Biomarin Pharma (BMRN), up about 2.9% on the day.
And underperforming other ETFs today is the SPDR S&P Oil & Gas Exploration & Production ETF (XOP), down about 0.7% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Bill Barrett (BBG), lower by about 3.8%, and shares of Contango Oil & Gas (MCF), lower by about 3% on the day.