Friday's ETF Movers: IYE, PIN
ETF Channel Staff - Friday, March 16, 1:30 PMIn trading on Friday, the iShares U.S. Energy ETF (IYE) is outperforming other ETFs, up about 1.2% on the day. Components of that ETF showing particular strength include shares of Superior Energy Services (SPN), up about 4% and shares of Southwestern Energy (SWN), up about 4% on the day.
And underperforming other ETFs today is the PowerShares India Portfolio ETF (PIN), off about 0.9% in Friday afternoon trading. Among components of that ETF with the weakest showing on Friday were shares of DB Base Metals Short Exchange Traded Notes (BOS), lower by about 42.3%, and shares of Eaton Vance Municipal Bond Fund (EIM), lower by about 0.2% on the day.