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Friday's ETF Movers: GXC, FBT
By: BNK Invest
In trading on Friday, the SPDR S&P China ETF ( GXC ) is outperforming other ETFs, up about 2.6% on the day. Components of that ETF showing particular strength include shares of 21Vianet Group ( VNET ), up about 8.3% and shares of Bitauto Holdings ( BITA ), up about 7.8% on the day.
And underperforming other ETFs today is the First Trust NYSE Arca Biotechnology Index Fund ETF ( FBT ), down about 2% in Friday afternoon trading. Among components of that ETF with the weakest showing on Friday were shares of Exact Sciences ( EXAS ), lower by about 3.7%, and shares of Immunogen (IMGN), lower by about 3.1% on the day.