Tuesday's ETF Movers: PJP, XOP
ETF Channel Staff - Tuesday, February 9, 2:25 PMIn trading on Tuesday, the PowerShares Dynamic Pharmaceuticals Portfolio ETF (PJP) is outperforming other ETFs, up about 0.9% on the day. Components of that ETF showing particular strength include shares of Heron Therapeutics (HRTX), up about 8% and shares of Depomed (DEPO), up about 4.2% on the day.
And underperforming other ETFs today is the SPDR S&P Oil & Gas Exploration & Production ETF (XOP), down about 5.2% in Tuesday afternoon trading. Among components of that ETF with the weakest showing on Tuesday were shares of Southwestern Energy (SWN), lower by about 14%, and shares of Ultra Petroleum (UPL), lower by about 12.8% on the day.