Friday's ETF with Unusual Volume: FXU
ETF Channel Staff - Friday, February 5, 1:57 PMThe First Trust Utilities AlphaDEX Fund ETF (FXU) is seeing unusually high volume in afternoon trading Friday, with over 6.9 million shares traded versus three month average volume of about 627,000. Shares of FXU were up about 0.4% on the day.
Components of that ETF with the highest volume on Friday were AT&T (T), trading up about 0.9% with over 17.7 million shares changing hands so far this session, and Verizon Communications (VZ), up about 1.3% on volume of over 12.8 million shares. Ugi (UGI) is the component faring the best Friday, up by about 2.7% on the day, while T-Mobile US (TMUS) is lagging other components of the First Trust Utilities AlphaDEX Fund ETF, trading lower by about 6.2%.