Wednesday's ETF Movers: XBI, XOP
ETF Channel Staff - Wednesday, June 21, 1:32 PMIn trading on Wednesday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 3.5% on the day. Components of that ETF showing particular strength include shares of Esperion Therapeutics (ESPR), up about 13.1% and shares of Blueprint Medicines (BPMC), up about 9.9% on the day.
And underperforming other ETFs today is the SPDR S&P Oil & Gas Exploration & Production ETF (XOP), off about 4% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Bill Barrett (BBG), lower by about 13.3%, and shares of Sanchez Energy (SN), lower by about 10.1% on the day.