Friday's ETF Movers: XBI, XME
ETF Channel Staff - Friday, August 11, 10:49 AMIn trading on Friday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 1.5% on the day. Components of that ETF showing particular strength include shares of Calithera Biosciences (CALA), up about 11.6% and shares of Immunogen (IMGN), up about 7.4% on the day.
And underperforming other ETFs today is the SPDR S&P Metals & Mining ETF (XME), off about 1.1% in Friday afternoon trading. Among components of that ETF with the weakest showing on Friday were shares of Timkensteel (TMST), lower by about 5.1%, and shares of AK Steel Holding (AKS), lower by about 3.9% on the day.