Friday's ETF with Unusual Volume: FRI
ETF Channel Staff - Friday, July 20, 1:53 PMThe First Trust S&P REIT Index Fund ETF (FRI) is seeing unusually high volume in afternoon trading Friday, with over 170,000 shares traded versus three month average volume of about 40,000. Shares of FRI were off about 0.8% on the day.
Components of that ETF with the highest volume on Friday were GGP (GGP), trading up about 0.6% with over 9.4 million shares changing hands so far this session, and Vereit (VER), down about 1.5% on volume of over 4.2 million shares. Wheeler Real Estate Investment Trust (WHLR) is the component faring the best Friday, up by about 2.4% on the day, while Intelsat (I) is lagging other components of the First Trust S&P REIT Index Fund ETF, trading lower by about 3.4%.