Thursday's ETF Movers: ITB, MCHI
ETF Channel Staff - Thursday, October 19, 1:21 PMIn trading on Thursday, the iShares U.S. Home Construction ETF (ITB) is outperforming other ETFs, up about 1.1% on the day. Components of that ETF showing particular strength include shares of NVR (NVR), up about 7.7% and shares of Universal Forest Products (UFPI), up about 1.9% on the day.
And underperforming other ETFs today is the iShares MSCI China ETF (MCHI), down about 2% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of Ctrip.com International (CTRP), lower by about 7.5%, and shares of Tal Education Group (TAL), lower by about 4.3% on the day.