Tuesday's ETF Movers: ARKK, OIH
ETF Channel Staff - Tuesday, July 5, 12:00 PM
In trading on Tuesday, the ARK Innovation ETF is outperforming other ETFs, up about 3% on the day. Components of that ETF showing particular strength include shares of Beam Therapeutics, up about 10.2% and shares of Fate Therapeutics, up about 10% on the day.
And underperforming other ETFs today is the Oil Services ETF, down about 8.7% in Tuesday afternoon trading. Among components of that ETF with the weakest showing on Tuesday were shares of Nabors Industries, lower by about 13%, and shares of RES, lower by about 11.9% on the day.