According to the ETF Finder at ETF Channel, INCY makes up 2.53% of the Dynamic Biotechnology & Genome Portfolio ETF (PBE) which is higher by about 1.4% on the day Thursday.
In afternoon trading Thursday, INCY was up about 5.1% on the day.
A trade at $126 will be a new high for the move up.
U.S. stock futures are declining Tuesday while European and Asian shares trade mixed ahead of congressional testimony from Federal Reserve Chair Janet Yellen.
Fed Chair Janet Yellen will give her two-day semiannual monetary policy testimony, while major economic data will drive markets.