Tuesday March 16th ETF Movers: GDX, FBT

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March 16, 2010 4:01pm NYSE:FBT NYSE:GDX

In midday trading Tuesday, the Gold Miners ETF (GDX) is outperforming other ETFs, up about 2.6% on the day. Components of that ETF showing particular strength include shares of

 Nevsun Resources (NSU), up about 5.4% and shares of Lihir Gold (LIHR), up about 4.6% on the day.

And underperforming other ETFs today is the First Trust Biotechnology ETF (FBT), down about 1.2% in Tuesday afternoon trading. Among components of that ETF with the weakest showing on Tuesday were shares of Sequenom (SQNM), lower by about 18.7%, and shares of Affymetrix (AFFX), lower by about 1.5% on the day.

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