Markets

Wednesday's ETF Movers: XBI, MTUM

Shutterstock photo
Shutterstock photo

Shutterstock photo

In trading on Wednesday, the SPDR S&P Biotech ETF ( XBI ) is outperforming other ETFs, up about 3.1% on the day. Components of that ETF showing particular strength include shares of Advaxis ( ADXS ), up about 24.9% and shares of PTC Therapeutics ( PTCT ), up about 16.6% on the day.

And underperforming other ETFs today is the iShares MSCI USA Momentum Factor ETF ( MTUM ), down about 0.6% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Tesoro ( TSO ), lower by about 3.5%, and shares of Vantiv (VNTV), lower by about 3.4% on the day.

VIDEO: Wednesday's ETF Movers: XBI, MTUM

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.

In This Story

MTUM XBI ADXS PTCT