News Column

Friday's ETF Movers: XBI, PIZ

August 29, 2014

In trading on Friday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 1% on the day. Components of that ETF showing particular strength include shares of United Therapeutics (UTHR), up about 15.9% and shares of Arrowhead Research (ARWR), up about 4.5% on the day.

And underperforming other ETFs today is the PowerShares DWA Developed Markets Momentum Portfolio ETF (PIZ), off about 0.5% in Friday afternoon trading. Among components of that ETF with the weakest showing on Friday were shares of Intercontinental Hotels Group (IHG), lower by about 0.3%, and shares of Eagle Capital Growth Fund (GRF), lower by about 0.2% on the day.

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