Thursday's ETF Movers: FTXO, SMH
ETF Channel Staff - Thursday, April 19, 1:46 PMIn trading on Thursday, the First Trust Nasdaq Bank ETF (FTXO) is outperforming other ETFs, up about 1.7% on the day. Components of that ETF showing particular strength include shares of Texas Capital Bancshares (TCBI), up about 7.2% and shares of East West Bancorp (EWBC), up about 5.9% on the day.
And underperforming other ETFs today is the Semiconductor ETF (SMH), down about 4.2% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of ON Semiconductor (ON), lower by about 6.6%, and shares of Lam Research (LRCX), lower by about 6.6% on the day.