Monday's ETF Movers: FBT, XRT
ETF Channel Staff - Monday, March 20, 1:16 PMIn trading on Monday, the First Trust NYSE Arca Biotechnology Index Fund ETF (FBT) is outperforming other ETFs, up about 1.6% on the day. Components of that ETF showing particular strength include shares of Nektar Therapeutics (NKTR), up about 32.3% and shares of Agios Pharmaceuticals (AGIO), up about 3.7% on the day.
And underperforming other ETFs today is the SPDR S&P Retail ETF (XRT), down about 1.2% in Monday afternoon trading. Among components of that ETF with the weakest showing on Monday were shares of Caleres (CAL), lower by about 5.1%, and shares of Smart & Final Stores (SFS), lower by about 5% on the day.