Wednesday's ETF Movers: XBI, ILF

In trading on Wednesday, the SPDR S&P Biotech ETF (XBI) is outperforming other ETFs, up about 1.9% on the day.  Components of that ETF showing particular strength include shares of Sage Therapeutics (SAGE), up about 9.6% and shares of Agenus (AGEN), up about 7.7% on the day.