Thursday's ETF with Unusual Volume: FNI
ETF Channel Staff - Thursday, July 30, 1:07 PMThe First Trust ISE Chindia Index Fund ETF (FNI) is seeing unusually high volume in afternoon trading Thursday, with over 133,000 shares traded versus three month average volume of about 60,000. Shares of FNI were down about 0.1% on the day.
Components of that ETF with the highest volume on Thursday were Baidu (BIDU), trading up about 2.5% with over 4.3 million shares changing hands so far this session, and Vipshop Holdings (VIPS), down about 2.9% on volume of over 4.0 million shares. Dr. Reddy's Lab (RDY) is the component faring the best Thursday, higher by about 6.8% on the day, while MakeMyTrip (MMYT) is lagging other components of the First Trust ISE Chindia Index Fund ETF, trading lower by about 17.4%.