Healthcare Providers ETF Surges While S&P 500 Bull ETF Declines
On Thursday, the iShares U.S. Healthcare Providers ETF distinguished itself in the market, rising approximately 1.8%. Notably, shares of Molina Healthcare led the gains, jumping about 6.8%, while Centene shares increased by around 4.8%.
In contrast, the Direxion Daily S&P 500 Bull 3X ETF is experiencing significant declines, down roughly 12.1% in afternoon trading. Key underperformers within this ETF include Dell Technologies, which dropped about 17.5%, and Best Buy, declining approximately 16.9%.
VIDEO: Thursday’s ETF Movers: IHF, SPXL
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