Wednesday's ETF with Unusual Volume: FTXO
ETF Channel Staff - Wednesday, March 22, 1:36 PMThe First Trust Nasdaq Bank ETF (FTXO) is seeing unusually high volume in afternoon trading Wednesday, with over 4.6 million shares traded versus three month average volume of about 49,000. Shares of FTXO were down about 0.4% on the day.
Components of that ETF with the highest volume on Wednesday were Bank of America (BAC), trading down about 0.7% with over 124.6 million shares changing hands so far this session, and Wells Fargo (WFC), off about 1.1% on volume of over 18.2 million shares. Keycorp (KEY) is the component faring the best Wednesday, up by about 1% on the day, while Signature Bank (SBNY) is lagging other components of the First Trust Nasdaq Bank ETF, trading lower by about 1.7%.