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Monday's ETF Movers: FBT, XME

In trading on Monday, the First Trust NYSE Arca Biotechnology Index Fund ETF ( FBT ) is outperforming other ETFs, up about 1.7% on the day. Components of that ETF showing particular strength include shares of Intermune ( ITMN ), up about 5.8% and shares of Pharmacyclics ( PCYC ), up about 4.8% on the day.

And underperforming other ETFs today is the SPDR S&P Metals and Mining ETF ( XME ), down about 1.1% in Monday afternoon trading. Among components of that ETF with the weakest showing on Monday were shares of AK Steel Holding ( AKS ), lower by about 3.5%, and shares of Steel Dynamics (STLD), lower by about 3.3% on the day.

VIDEO: Monday's ETF Movers: FBT, XME

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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