Friday's ETF Movers: IBB, REM
ETF Channel Staff - Friday, December 8, 1:46 PMIn trading on Friday, the iShares Nasdaq Biotechnology ETF (IBB) is outperforming other ETFs, up about 2.1% on the day. Components of that ETF showing particular strength include shares of Radius Health (RDUS), up about 14.6% and shares of Biocryst Pharmaceuticals (BCRX), up about 9.4% on the day.
And underperforming other ETFs today is the iShares Mortgage Real Estate Capped ETF (REM), down about 0.1% in Friday afternoon trading. Among components of that ETF with the weakest showing on Friday were shares of Annaly Capital Management (NLY), lower by about 0.8%, and shares of Invesco Mortgage Capital (IVR), lower by about 0.6% on the day.