Wednesday's ETF Movers: XME, XBI
ETF Channel Staff - Wednesday, February 20, 1:34 PMIn trading on Wednesday, the SPDR S&P Metals & Mining ETF (XME) is outperforming other ETFs, up about 2.6% on the day. Components of that ETF showing particular strength include shares of Century Aluminum (CENX), up about 5.4% and shares of Haynes International (HAYN), up about 4.7% on the day.
And underperforming other ETFs today is the SPDR S&P Biotech ETF (XBI), off about 1.4% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Intercept Pharmaceuticals (ICPT), lower by about 14.4%, and shares of Madrigal Pharmaceuticals (MDGL), lower by about 9.6% on the day.