Tuesday's ETF with Unusual Volume: PRFZ
ETF Channel Staff - Tuesday, January 8, 11:53 AMThe FTSE RAFI US 1500 Small-Mid Portfolio ETF (PRFZ) is seeing unusually high volume in afternoon trading Tuesday, with over 75,000 shares traded versus three month average volume of about 25,000. Shares of PRFZ were off about 0.2% on the day.
Components of that ETF with the highest volume on Tuesday were Newcastle Investment (NCT), trading up about 2.6% with over 22.4 million shares changing hands so far this session, and Molycorp (MCP), down about 2% on volume of over 4.8 million shares. Sunpower (SPWR) is the component faring the best Tuesday, up by about 8.2% on the day, while Medical Action Industries (MDCI) is lagging other components of the FTSE RAFI US 1500 Small-Mid Portfolio ETF, trading lower by about 8.9%.