In trading on Wednesday, the SPDR S&P Regional Banking ETF (KRE) is outperforming other ETFs, up about 1% on the day. Components of that ETF showing particular strength include shares of OFG Bancorp (OFG), up about 3.6% and shares of Signature Bank (SBNY), up about 2.6% on the day.
And underperforming other ETFs today is the iShares U.S. Home Construction ETF (ITB), down about 2% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Trex (TREX), lower by about 4%, and shares of Tile Shop (TTS), lower by about 3.4% 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.