Defensive ETFs Lead, Tech ETFs Weaken
The defensive exchange-traded funds
outperformed Tuesday as tech-focused ETFs came under profit-taking.
The Pharmaceutical HOLDR
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PPH |
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PowerRating)
gained 1.7%, the day’s biggest gain among the exchange-traded funds. The Dow
Jones Healthcare iShares
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IYH |
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PowerRating) rose 1.1%, the Consumer Staples SPDR
(
XLP |
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0.9%.
On the downside, the Internet
Infrastructure HOLDR
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IIH |
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PowerRating) lost 9.2%, the Dow Jones Internet iShares
(
IYV |
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8.1%, the B2B Internet HOLDR
(
BHH |
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PowerRating) 6.0%, the Internet HOLDR
(
HHH |
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PowerRating) 5.9%,
the Dow Jones Technology iShares
(
IYW |
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PowerRating) 5.6%, the Nasdaq 100 Tracking Stock
(
QQQ |
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5.6%, the Software HOLDR
(
SWH |
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PowerRating) 5.2%, the Internet Architecture HOLDR
(
IAH |
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PowerRating)
5.2%.