Friday's ETF with Unusual Volume: FRI
ETF Channel - Friday, June 24, 1:23 PM
The First Trust S&P REIT Index Fund ETF (FRI) is seeing unusually high volume in afternoon trading Friday, with over 906,000 shares traded versus three month average volume of about 92,000. Shares of FRI were down about 0.5% on the day.
Components of that ETF with the highest volume on Friday were Host Hotels & Resorts (HST), trading down about 6% with over 9.6 million shares changing hands so far this session, and Prologis (PLD), down about 4.2% on volume of over 3.6 million shares. National Storage Affiliates Trust (NSA) is the component faring the best Friday, up by about 3.5% on the day, while Northstar Realty Europe (NRE) is lagging other components of the First Trust S&P REIT Index Fund ETF, trading lower by about 8.8%.