News Column

Tuesday's ETF Movers: FBT, FCG

June 24, 2014

In trading on Tuesday, the First Trust NYSE Arca Biotechnology Index Fund ETF (FBT) is outperforming other ETFs, up about 2.6% on the day. Components of that ETF showing particular strength include shares of Vertex Pharmaceuticals (VRTX), up about 40.4% and shares of United Therapeutics (UTHR), up about 2.8% on the day.

And underperforming other ETFs today is the First Trust ISE-Revere Natural Gas Index Fund ETF (FCG), down about 1.9% in Tuesday afternoon trading. Among components of that ETF with the weakest showing on Tuesday were shares of Goodrich Petroleum (GDP), lower by about 7%, and shares of Quicksilver Resources (KWK), lower by about 4.5% on the day.

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