Wednesday's ETF Movers: IHI, OIH
ETF Channel Staff - Wednesday, May 22, 2:19 PMIn trading on Wednesday, the iShares U.S. Medical Devices ETF (IHI) is outperforming other ETFs, up about 0.8% on the day. Components of that ETF showing particular strength include shares of Thermo Fisher Scientific (TMO), up about 2.6% and shares of Abiomed (ABMD), up about 2.4% on the day.
And underperforming other ETFs today is the Oil Services ETF (OIH), off about 4.2% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Oil States International (OIS), lower by about 7.6%, and shares of McDermott International (MDR), lower by about 7.6% on the day.