Friday's ETF with Unusual Volume: FAB
ETF Channel Staff - Friday, September 4, 1:27 PMThe First Trust Multi Cap Value AlphaDEX Fund ETF (FAB) is seeing unusually high volume in afternoon trading Friday, with over 225,000 shares traded versus three month average volume of about 29,000. Shares of FAB were off about 1.9% on the day.
Components of that ETF with the highest volume on Friday were Alcoa (AA), trading down about 0.6% with over 22.1 million shares changing hands so far this session, and Ford Motor (F), down about 3% on volume of over 14.0 million shares. Skywest (SKYW) is the component faring the best Friday, higher by about 5.8% on the day, while Superior Energy Services (SPN) is lagging other components of the First Trust Multi Cap Value AlphaDEX Fund ETF, trading lower by about 6.4%.