Tuesday's ETF Movers: FBT, FCG

In trading on Tuesday, the First Trust NYSE Arca Biotechnology Index Fund ETF (FBT) is outperforming other ETFs, up about 2.6% on the day. Components of that ETF showing particular strength include shares of Vertex Pharmaceuticals (VRTX), up about 40.4% and shares of United Therapeutics (UTHR), up about 2.8% on the day.