Thursday's ETF with Unusual Volume: MXI
ETF Channel Staff - Thursday, December 8, 1:10 PMThe iShares Global Materials ETF (MXI) is seeing unusually high volume in afternoon trading Thursday, with over 437,000 shares traded versus three month average volume of about 29,000. Shares of MXI were up about 0.6% on the day.
Components of that ETF with the highest volume on Thursday were Vale (VALE), trading off about 2% with over 24.0 million shares changing hands so far this session, and Freeport Mcmoran (FCX), up about 0.8% on volume of over 12.5 million shares. Albemarle (ALB) is the component faring the best Thursday, higher by about 2.6% on the day.