Wednesday's ETF Movers: CQQQ, IYT
ETF Channel Staff - Wednesday, April 24, 12:14 PMIn trading on Wednesday, the Invesco China Technology ETF (CQQQ) is outperforming other ETFs, up about 2.6% on the day. Components of that ETF showing particular strength include shares of Dada Nexus (DADA), up about 3.8% and shares of Weibo (WB), up about 2.4% on the day.
And underperforming other ETFs today is the iShares U.S. Transportation ETF (IYT), off about 3.1% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Old Dominion Freight Line (ODFL), lower by about 8.5%, and shares of Arcbest (ARCB), lower by about 7.1% on the day.