Thursday's ETF Movers: FDN, FBT
ETF Channel Staff - Thursday, December 14, 12:07 PMIn trading on Thursday, the First Trust Dow Jones Internet Index Fund ETF (FDN) is outperforming other ETFs, up about 0.8% on the day. Components of that ETF showing particular strength include shares of Twitter (TWTR), up about 4.5% and shares of Netflix (NFLX), up about 2.2% on the day.
And underperforming other ETFs today is the First Trust NYSE Arca Biotechnology Index Fund ETF (FBT), down about 1.1% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of Seattle Genetics (SGEN), lower by about 5.5%, and shares of Intrexon (XON), lower by about 4.5% on the day.