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Thursday's ETF Movers: XLU, FBT

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Shutterstock photo

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In trading on Thursday, the Utilities Select Sector SPDR Fund ETF ( XLU ) is outperforming other ETFs, up about 0.9% on the day. Components of that ETF showing particular strength include shares of Ameren ( AEE ), up about 1.3% and shares of PG&E ( PCG ), up about 1.3% on the day.

And underperforming other ETFs today is the First Trust NYSE Arca Biotechnology Index Fund ETF ( FBT ), down about 1.1% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of Ionis Pharmaceuticals ( IONS ), lower by about 38.5%, and shares of Neurocrine Biosciences (NBIX), lower by about 3.1% on the day.

VIDEO: Thursday's ETF Movers: XLU, FBT

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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