Thursday's ETF Movers: FBT, KRE

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In trading on Thursday, the First Trust NYSE Arca Biotechnology Index Fund ETF ( FBT ) is outperforming other ETFs, up about 4% on the day. Components of that ETF showing particular strength include shares of Medivation ( MDVN ), up about 23.7% and shares of Alnylam Pharmaceuticals ( ALNY ), up about 9.2% on the day.

And underperforming other ETFs today is the SPDR S&P Regional Banking ETF ( KRE ), down about 0.8% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of National Penn Bancshares ( NPBC ), lower by about 6.7%, and shares of First NBC Bank Holding (FNBC), lower by about 5.4% on the day.

Thursday's ETF Movers: FBT, KRE VIDEO: Thursday's ETF Movers: FBT, KRE

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
Referenced Symbols: FBT , ALNY , KRE ,

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