Thursday's ETF Movers: KRE, XBI
ETF Channel Staff - Thursday, March 30, 12:24 PM
In trading on Thursday, the SPDR S&P Regional Banking ETF is outperforming other ETFs, up about 2.6% on the day. Components of that ETF showing particular strength include shares of Private Bancorp, up about 5.7% and shares of Ameris Bancorp, up about 4.3% on the day.
And underperforming other ETFs today is the SPDR S&P Biotech ETF, off about 1.5% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of Halozyme Therapeutics, lower by about 12.1%, and shares of Progenics Pharma, lower by about 9.9% on the day.