Monday's ETF Movers: KRE, XBI


Shutterstock photo

In trading on Monday, the SPDR S&P Regional Banking ETF ( KRE ) is outperforming other ETFs, up about 1.1% on the day. Components of that ETF showing particular strength include shares of Pacwest Bancorp ( PACW ), up about 2.8% and shares of Hanmi Financial ( HAFC ), up about 2.4% on the day.

And underperforming other ETFs today is the SPDR S&P Biotech ETF ( XBI ), down about 1.9% in Monday afternoon trading. Among components of that ETF with the weakest showing on Monday were shares of Puma Biotechnology ( PBYI ), lower by about 21.2%, and shares of Clovis Oncology (CLVS), lower by about 9.5% on the day.

Monday's ETF Movers: KRE, XBI VIDEO: Monday's ETF Movers: KRE, XBI

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing Investing Ideas
Referenced Stocks: KRE , PACW , HAFC , XBI , PBYI

More from BNK Invest


BNK Invest

BNK Invest

Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by