Friday's ETF Movers: XBI, VDE
ETF Channel Staff - Friday, July 31, 12:06 PMIn trading on Friday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 2.1% on the day. Components of that ETF showing particular strength include shares of Medivation (MDVN), up about 10.2% and shares of Puma Biotechnology (PBYI), up about 7.3% on the day.
And underperforming other ETFs today is the Vanguard Energy ETF (VDE), down about 1.2% in Friday afternoon trading. Among components of that ETF with the weakest showing on Friday were shares of Solazyme (SZYM), lower by about 17%, and shares of World Fuel Services (INT), lower by about 13.5% on the day.