Thursday's ETF Movers: PJP, IAT

In trading on Thursday, the PowerShares Dynamic Pharmaceuticals Portfolio ETF (PJP) is outperforming other ETFs, up about 2.2% on the day. Components of that ETF showing particular strength include shares of Valeant Pharmaceuticals (VRX), up about 12.4% and shares of Lannett (LCI), up about 5% on the day.