Tuesday's ETF Movers: IYR, XBI
ETF Channel Staff - Tuesday, January 16, 12:44 PMIn trading on Tuesday, the iShares U.S. Real Estate ETF (IYR) is outperforming other ETFs, up about 1.2% on the day. Components of that ETF showing particular strength include shares of SBA Communications (SBAC), up about 4.1% and shares of American Tower (AMT), up about 3.7% on the day.
And underperforming other ETFs today is the SPDR S&P Biotech ETF (XBI), down about 1.7% in Tuesday afternoon trading. Among components of that ETF with the weakest showing on Tuesday were shares of Avexis (AVXS), lower by about 9.8%, and shares of Tesaro (TSRO), lower by about 8.5% on the day.