Thursday's ETF with Unusual Volume: PICK
Metals Channel - Thursday, December 14, 12:08 PM
The iShares MSCI Global Metals & Mining Producers ETF (PICK) is seeing unusually high volume in afternoon trading Thursday, with over 393,000 shares traded versus three month average volume of about 153,000. Shares of PICK were up about 0.6% on the day.
Components of that ETF with the highest volume on Thursday were Freeport Mcmoran (FCX), trading off about 0.4% with over 8.4 million shares changing hands so far this session, and United States Steel (X), off about 1.6% on volume of over 4.4 million shares. Vedanta (VEDL) is the component faring the best Thursday, up by about 0.9% on the day, while Mechel (MTL) is lagging other components of the iShares MSCI Global Metals & Mining Producers ETF, trading lower by about 2.4%.