Tuesday's ETF Movers: XBI, REM

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In trading on Tuesday, the SPDR S&P Biotech ETF ( XBI ) is outperforming other ETFs, up about 2.8% on the day. Components of that ETF showing particular strength include shares of XOMA ( XOMA ), up about 17.7% and shares of Ironwood Pharmaceuticals ( IRWD ), up about 11.5% on the day.

And underperforming other ETFs today is the iShares Mortgage Real Estate Capped ETF ( REM ), off about 0.7% in Tuesday afternoon trading. Among components of that ETF with the weakest showing on Tuesday were shares of Northstar Realty Finance ( NRF ), lower by about 6.9%, and shares of iStar Financial (STAR), lower by about 0.9% on the day.

Tuesday's ETF Movers: XBI, REM VIDEO: Tuesday's ETF Movers: XBI, REM



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



This article appears in: Investing , Investing Ideas

Referenced Stocks: XBI , XOMA , IRWD , REM , NRF

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