Wednesday's ETF Movers: IAT, ITB
ETF Channel Staff - Wednesday, October 17, 1:10 PMIn trading on Wednesday, 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 Fulton Financial (FULT), up about 5.2% and shares of U.S. Bancorp (USB), up about 3.9% on the day.
And underperforming other ETFs today is the iShares U.S. Home Construction ETF (ITB), off about 2.5% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Universal Forest Products (UFPI), lower by about 11.7%, and shares of Installed Building Products (IBP), lower by about 9.3% on the day.