News Column

Monday's ETF Movers: FM, XBI

July 7, 2014

In trading on Monday, the iShares MSCI Frontier 100 ETF (FM) is outperforming other ETFs, up about 0.9% on the day. Components of that ETF showing particular strength include shares of YPF (YPF), down about 0.1% and shares of Petrobras Argentina (PZE), down about 0.6% on the day.

And underperforming other ETFs today is the SPDR S&P Biotech ETF (XBI), down about 2.5% in Monday afternoon trading. Among components of that ETF with the weakest showing on Monday were shares of Arena Pharmaceuticals (ARNA), lower by about 8.9%, and shares of Sarepta Therapeutics (SRPT), lower by about 6% on the day.

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