Tuesday's ETF Movers: FTXO, ITB
ETF Channel Staff - Tuesday, May 22, 12:47 PMIn trading on Tuesday, the First Trust Nasdaq Bank ETF (FTXO) is outperforming other ETFs, up about 1.6% on the day. Components of that ETF showing particular strength include shares of Fifth Third Bancorp (FITB), up about 3.6% and shares of BB&T (BBT), up about 1.9% on the day.
And underperforming other ETFs today is the iShares U.S. Home Construction ETF (ITB), off about 1.2% in Tuesday afternoon trading. Among components of that ETF with the weakest showing on Tuesday were shares of Toll Brothers (TOL), lower by about 7.1%, and shares of Trex (TREX), lower by about 2.8% on the day.