Thursday's ETF Movers: ITB, XBI
ETF Channel Staff - Thursday, December 8, 1:08 PMIn trading on Thursday, the iShares U.S. Home Construction ETF (ITB) is outperforming other ETFs, up about 2% on the day. Components of that ETF showing particular strength include shares of Beazer Homes USA (BZH), up about 5.3% and shares of LGI Homes (LGIH), up about 5.2% on the day.
And underperforming other ETFs today is the SPDR S&P Biotech ETF (XBI), off about 1.1% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of Radius Health (RDUS), lower by about 17.1%, and shares of Puma Biotechnology (PBYI), lower by about 10.1% on the day.