Friday's ETF Movers: ITB, OIH
ETF Channel Staff - Friday, May 24, 12:11 PM
In trading on Friday, the iShares U.S. Home Construction ETF is outperforming other ETFs, up about 1.1% on the day. Components of that ETF showing particular strength include shares of Cavco, up about 15.7% and shares of LGI Homes, up about 2.8% on the day.
And underperforming other ETFs today is the Oil Services ETF, down about 1.3% in Friday afternoon trading. Among components of that ETF with the weakest showing on Friday were shares of Nabors Industries, lower by about 6%, and shares of Baker Hughes, lower by about 3.5% on the day.