Thursday's ETF Movers: IAT, GDXJ
ETF Channel Staff - Thursday, August 16, 3:36 PMIn trading on Thursday, the iShares U.S. Regional Banks ETF (IAT) is outperforming other ETFs, up about 1.9% on the day. Components of that ETF showing particular strength include shares of Signature Bank (SBNY), up about 4.9% and shares of East West Bancorp (EWBC), up about 3% on the day.
And underperforming other ETFs today is the Junior Gold Miners ETF (GDXJ), off about 2.5% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of Novagold Resources (NG), lower by about 10.6%, and shares of First Mining Gold Corp (FF.CA), lower by about 7.9% on the day.