Tuesday's ETF Movers: ITB, IXC
ETF Channel Staff - Tuesday, December 18, 1:35 PMIn trading on Tuesday, the iShares U.S. Home Construction ETF (ITB) is outperforming other ETFs, up about 2.8% on the day. Components of that ETF showing particular strength include shares of LGI Homes (LGIH), up about 4.7% and shares of M.D.C. Holdings (MDC), up about 4.4% on the day.
And underperforming other ETFs today is the iShares Global Energy ETF (IXC), down about 2.5% in Tuesday afternoon trading. Among components of that ETF with the weakest showing on Tuesday were shares of Concho Resources (CXO), lower by about 2.8%, and shares of Anadarko Petroleum (APC), lower by about 2.8% on the day.