Tuesday's ETF Movers: ITB, NANR
ETF Channel Staff - Tuesday, May 24, 1:26 PMIn trading on Tuesday, the iShares U.S. Home Construction ETF (ITB) is outperforming other ETFs, up about 3.8% on the day. Components of that ETF showing particular strength include shares of Beazer Homes USA (BZH), up about 8.1% and shares of Toll Brothers (TOL), up about 7.9% on the day.
And underperforming other ETFs today is the SPDR S&P North American Natural Resources ETF (NANR), off about 0.7% in Tuesday afternoon trading. Among components of that ETF with the weakest showing on Tuesday were shares of Kinross Gold (K.CA), lower by about 9.1%, and shares of CF Industries Holdings (CF), lower by about 6.5% on the day.