Shares of electronics distributors Avnet (AVT) and Arrow (ARW) are trading sharply higher following bullish comments on the stocks this morning by Stifel Nicolas analyst Matthew Sheerin.
The former CEO of Arrow Electronics (nyse: ARW - news - people ), a distributor of computer products, Kaufman now teaches innovation courses at Harvard's Business School with Forbes.com columnist Clayton Christensen.
Among the largest underlying components of FXL, in trading today Western Digital Corp. ( NASD: WDC) is off about 1.9%, Avnet Inc ( NYSE: AVT) is down about 2.1%, and Arrow Electronics, Inc. ( NYSE: ARW) is lower by about 2.2%.