Tuesday's ETF with Unusual Volume: QQEW
ETF Channel Staff - Tuesday, June 27, 1:34 PMThe First Trust NASDAQ-100 Equal Weighted Index Fund ETF (QQEW) is seeing unusually high volume in afternoon trading Tuesday, with over 247,000 shares traded versus three month average volume of about 65,000. Shares of QQEW were down about 1% on the day.
Components of that ETF with the highest volume on Tuesday were Micron Tech (MU), trading off about 0.7% with over 14.7 million shares changing hands so far this session, and Intel (INTC), off about 0.6% on volume of over 13.6 million shares. Tractor Supply (TSCO) is the component faring the best Tuesday, higher by about 1.7% on the day, while Seagate Tech (STX) is lagging other components of the First Trust NASDAQ-100 Equal Weighted Index Fund ETF, trading lower by about 5.2%.