In trading on Thursday, the iShares U.S. Home Construction ETF (ITB) is outperforming other ETFs, up about 1.6% on the day. Components of that ETF showing particular strength include shares of Meritage Homes (MTH), up about 15.7% and shares of Universal Forest Products (UFPI), up about 9.7% on the day.
And underperforming other ETFs today is the Lithium ETF (LIT), off about 3.3% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of Tesla (TSLA), lower by about 14%, and shares of Albemarle (ALB), lower by about 1.8% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
