Friday's ETF with Unusual Volume: FRI
ETF Channel Staff - Friday, July 1, 2:22 PMThe First Trust S&P REIT Index Fund ETF (FRI) is seeing unusually high volume in afternoon trading Friday, with over 1.1 million shares traded versus three month average volume of about 124,000. Shares of FRI were trading flat on the day.
Components of that ETF with the highest volume on Friday were VEREIT (VER), trading up about 0.6% with over 4.7 million shares changing hands so far this session, and DDR (DDR), up about 1.1% on volume of over 3.8 million shares. UMH Properties (UMH) is the component faring the best Friday, up by about 6.5% on the day, while Corrections America (CXW) is lagging other components of the First Trust S&P REIT Index Fund ETF, trading lower by about 2.7%.