Tuesday's ETF Movers: OIH, FBT
ETF Channel Staff - Tuesday, October 6, 1:16 PMIn trading on Tuesday, the Oil Services ETF (OIH) is outperforming other ETFs, up about 4.1% on the day. Components of that ETF showing particular strength include shares of Superior Energy Services (SPN), up about 10.7% and shares of Seadrill (SDRL), up about 10.1% on the day.
And underperforming other ETFs today is the First Trust NYSE Arca Biotechnology Index Fund ETF (FBT), down about 6.1% in Tuesday afternoon trading. Among components of that ETF with the weakest showing on Tuesday were shares of Exact Sciences (EXAS), lower by about 45%, and shares of Illumina (ILMN), lower by about 12.7% on the day.