Markets

Friday's ETF Movers: KRE, XBI

In trading on Friday, the SPDR S&P Regional Banking ETF ( KRE ) is outperforming other ETFs, up about 1.6% on the day. Components of that ETF showing particular strength include shares of First Horizon National ( FHN ), up about 3.6% and shares of Umpqua Holdings ( UMPQ ), up about 3.3% on the day.

And underperforming other ETFs today is the SPDR S&P Biotech ETF ( XBI ), off about 1.2% in Friday afternoon trading. Among components of that ETF with the weakest showing on Friday were shares of Medivation ( MDVN ), lower by about 13.3%, and shares of Halozyme Therapeutics (HALO), lower by about 7.1% on the day.

VIDEO: Friday'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.


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

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