Tuesday's ETF Movers: XBI, PICK
Metals Channel - Tuesday, June 19, 4:10 PM
In trading on Tuesday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 1.4% on the day. Components of that ETF showing particular strength include shares of Sarepta Therapeutics (SRPT), up about 36.2% and shares of Foundation Medicine (FMI), up about 28.3% on the day.
And underperforming other ETFs today is the iShares MSCI Global Metals & Mining Producers ETF (PICK), off about 4.3% in Tuesday afternoon trading. Among components of that ETF with the weakest showing on Tuesday were shares of Century Aluminum (CENX), lower by about 5.7%, and shares of Schnitzer Steel Industries (SCHN), lower by about 4.2% on the day.