Wednesday's ETF with Unusual Volume: REET
ETF Channel Staff - Wednesday, May 25, 3:46 PMThe iShares Global REIT ETF (REET) is seeing unusually high volume in afternoon trading Wednesday, with over 314,000 shares traded versus three month average volume of about 35,000. Shares of REET were up about 0.4% on the day.
Components of that ETF with the highest volume on Wednesday were CBL & Associates Properties (CBL), trading off about 6.7% with over 16.2 million shares changing hands so far this session, and Host Hotels & Resorts (HST), up about 2.9% on volume of over 9.5 million shares. Diamondrock Hospitality (DRH) is the component faring the best Wednesday, higher by about 4.2% on the day.