Wednesday's ETF with Unusual Volume: EMGF
ETF Channel Staff - Wednesday, May 23, 12:08 PM
The iShares Edge MSCI Multifactor Emerging Markets ETF is seeing unusually high volume in afternoon trading Wednesday, with over 273,000 shares traded versus three month average volume of about 49,000. Shares of EMGF were down about 0.9% on the day.
Components of that ETF with the highest volume on Wednesday were Alibaba, trading up about 0.2% with over 6.3 million shares changing hands so far this session, and Tal Education Group, up about 1% on volume of over 1.6 million shares. New Oriental Education & Technology Group is the component faring the best Wednesday, higher by about 2.7% on the day, while Mobile Telesystems is lagging other components of the iShares Edge MSCI Multifactor Emerging Markets ETF, trading lower by about 2.5%.