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Thursday's ETF Movers: XLU, XBI

In trading on Thursday, the Utilities Select Sector SPDR Fund ETF ( XLU ) is outperforming other ETFs, up about 0.6% on the day. Components of that ETF showing particular strength include shares of Pinnacle West Capital ( PNW ), up about 1.7% and shares of PPL ( PPL ), up about 1.7% on the day.

And underperforming other ETFs today is the SPDR S&P Biotech ETF ( XBI ), off about 3.3% in Thursday afternoon trading. Among components of that ETF with the weakest showing on Thursday were shares of Arrowhead Pharmaceuticals ( ARWR ), lower by about 17.2%, and shares of PTC Therapeutics (PTCT), lower by about 9.4% on the day.

VIDEO: Thursday's ETF Movers: XLU, 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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