Friday's ETF Movers: XLU, ITA
ETF Channel Staff - Friday, February 23, 1:43 PMIn trading on Friday, the Utilities Select Sector SPDR Fund ETF (XLU) is outperforming other ETFs, up about 2.3% on the day. Components of that ETF showing particular strength include shares of Edison International (EIX), up about 4.5% and shares of Pinnacle West Capital (PNW), up about 4.3% on the day.
And underperforming other ETFs today is the iShares U.S. Aerospace & Defense ETF (ITA), off about 0.2% in Friday afternoon trading. Among components of that ETF with the weakest showing on Friday were shares of American Outdoor Brands (AOBC), lower by about 3.2%, and shares of Sturm Ruger (RGR), lower by about 2.1% on the day.