Tuesday's ETF Movers: XBI, RHS
ETF Channel Staff - Tuesday, June 28, 2:04 PMIn trading on Tuesday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 4.5% on the day. Components of that ETF showing particular strength include shares of Xencor (XNCR), up about 35.6% and shares of Macrogenics (MGNX), up about 13.1% on the day.
And underperforming other ETFs today is the Guggenheim S&P 500 Equal Weight Consumer Staples ETF (RHS), down about 0.3% in Tuesday afternoon trading. Among components of that ETF with the weakest showing on Tuesday were shares of Hormel Foods (HRL), lower by about 2.9%, and shares of Tyson Foods (TSN), lower by about 2.5% on the day.