Monday's ETF Movers: XME, XBI
ETF Channel Staff - Monday, August 29, 11:37 AM
In trading on Monday, the SPDR S&P Metals and Mining ETF is outperforming other ETFs, up about 1.5% on the day. Components of that ETF showing particular strength include shares of Allegheny Technologies, up about 7.6% and shares of Cliffs Natural Resources, up about 4.2% on the day.
And underperforming other ETFs today is the SPDR S&P Biotech ETF, down about 0.9% in Monday afternoon trading. Among components of that ETF with the weakest showing on Monday were shares of Intrexon, lower by about 6.5%, and shares of Keryx Biopharmaceuticals, lower by about 5.7% on the day.