Wednesday's ETF Movers: FBT, GDX


In trading on Wednesday, the First Trust NYSE Arca Biotechnology Index Fund ETF ( FBT ) is outperforming other ETFs, up about 2.6% on the day. Components of that ETF showing particular strength include shares of Immunogen ( IMGN ), up about 14.4% and shares of Intermune ( ITMN ), up about 6% on the day.

And underperforming other ETFs today is the Gold Miners ETF ( GDX ), off about 0.7% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Agnico Eagle Mines ( AEM ), lower by about 7.7%, and shares of Alacer Gold (ASR.CA), lower by about 4% on the day.

Wednesday's ETF Movers: FBT, GDX VIDEO: Wednesday's ETF Movers: FBT, GDX

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: FBT , IMGN , ITMN , GDX , AEM

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