Wednesday's ETF Movers: MCHI, GDX
ETF Channel Staff - Wednesday, February 22, 1:34 PMIn trading on Wednesday, the iShares MSCI China ETF (MCHI) is outperforming other ETFs, up about 0.9% on the day. Components of that ETF showing particular strength include shares of Netease (NTES), up about 3.4% and shares of Alibaba Group Holding (BABA), up about 2.8% on the day.
And underperforming other ETFs today is the Gold Miners ETF (GDX), off about 3% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Anglogold Ashanti (AU), lower by about 7.6%, and shares of Harmony Gold Mining (HMY), lower by about 6.2% on the day.