Tuesday's ETF Movers: IXC, REM
ETF Channel Staff - Tuesday, March 31, 12:05 PM
In trading on Tuesday, the iShares Global Energy ETF is outperforming other ETFs, up about 5.1% on the day. Components of that ETF showing particular strength include shares of Noble Energy, up about 16.3% and shares of Devon Energy, up about 14.7% on the day.
And underperforming other ETFs today is the iShares Mortgage Real Estate ETF, down about 3.8% in Tuesday afternoon trading. Among components of that ETF with the weakest showing on Tuesday were shares of Cherry Hill Mortgage Investment, lower by about 11.6%, and shares of New Residential Investment, lower by about 11.4% on the day.