Friday's ETF Movers: ARKF, XLU
In trading on Friday, the ARK Fintech Innovation ETF is outperforming other ETFs, up about 3.3% on the day. Components of that ETF showing particular strength include shares of Silvergate Capital, up about 11.2% and shares of Coinbase Global, up about 6.8% on the day.
And underperforming other ETFs today is the The Utilities Select Sector SPDR Fund ETF, down about 0.6% in Friday afternoon trading. Among components of that ETF with the weakest showing on Friday were shares of Nextera Energy, lower by about 1.5%, and shares of Centerpoint Energy, lower by about 1.5% on the day.
BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.