Friday's ETF Movers: ITB, OIH
ETF Channel Staff - Friday, May 25, 12:11 PM
In trading on Friday, the iShares U.S. Home Construction ETF is outperforming other ETFs, up about 1.8% on the day. Components of that ETF showing particular strength include shares of Lennar, up about 3.8% and shares of Hovnanian Enterprises, up about 3.3% on the day.
And underperforming other ETFs today is the Oil Services ETF, off about 4.7% in Friday afternoon trading. Among components of that ETF with the weakest showing on Friday were shares of Nabors Industries, lower by about 7.2%, and shares of Weatherford International, lower by about 6.5% on the day.