Wednesday's ETF Movers: ITB, PICK
ETF Channel Staff - Wednesday, May 23, 12:02 PM
In trading on Wednesday, the iShares U.S. Home Construction ETF is outperforming other ETFs, up about 1.5% on the day. Components of that ETF showing particular strength include shares of Lowes Companies, up about 9.9% and shares of Tile Shop, up about 6.4% on the day.
And underperforming other ETFs today is the iShares MSCI Global Metals & Mining Producers ETF, off about 2.3% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Vedanta Limited, lower by about 5.9%, and shares of Schnitzer Steel Industries, lower by about 3.6% on the day.