Friday's ETF with Unusual Volume: FXZ
ETF Channel Staff - Friday, May 1, 2:12 PMThe First Trust Materials AlphaDEX Fund ETF (FXZ) is seeing unusually high volume in afternoon trading Friday, with over 921,000 shares traded versus three month average volume of about 102,000. Shares of FXZ were up about 2.1% on the day.
Components of that ETF with the highest volume on Friday were Alcoa (AA), trading up about 6.1% with over 35.5 million shares changing hands so far this session, and Freeport McMoRan (FCX), up about 2.1% on volume of over 14.3 million shares. MRC Global (MRC) is the component faring the best Friday, higher by about 12.8% on the day, while United States Steel (X) is lagging other components of the First Trust Materials AlphaDEX Fund ETF, trading lower by about 2.6%.