Thursday's ETF Movers: XBI, ITB
ETF Channel Staff - Thursday, November 15, 12:27 PM
In trading on Thursday, the SPDR S&P Biotech ETF is outperforming other ETFs, up about 2.6% on the day. Components of that ETF showing particular strength include shares of Arena Pharmaceuticals, up about 22.1% and shares of Deciphera Pharmaceuticals, up about 17.8% on the day.
And underperforming other ETFs today is the iShares U.S. Home Construction ETF, down about 2.7% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of KB Home, lower by about 15.4%, and shares of Toll Brothers, lower by about 5.7% on the day.