ETF Daily News: Wednesday, August 24 ETF Movers

In trading on Wednesday, the PowerShares S&P SmallCap Materials (NYSE:PSCM) is outperforming other ETFs, up about 5.93% on the day. Also up on the day are the PowerShares Dynamic Financials (NYSE:PFI) up 5.44%, and the PowerShares Active Alpha Multi-Cap (NYSE:PQZ) up 5.33%.

And underperforming other ETFs today is the UBS E-TRACS CMCI Gold TR ETN (NYSE:UBG), down about 8.27% in Wednesday afternoon trading. Also down on the day are the iShares 2013 S&P AMT-Free Municipal Ser (NYSE:MUAB) down 4.56%, and the iShares Silver Trust (NYSE:SLV) down 4.43%.

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