Friday's ETF with Unusual Volume: IYM
updated Friday, December 26, 12:10 PMThe iShares U.S. Basic Materials ETF (IYM) is seeing unusually high volume in afternoon trading Friday, with over 577,000 shares traded versus three month average volume of about 244,000. Shares of IYM were up about 0.6% on the day.
Components of that ETF with the highest volume on Friday were Freeport McMoRan (FCX), trading up about 3.7% with over 4.4 million shares changing hands so far this session, and Peabody Energy (BTU), up about 2.9% on volume of over 3.1 million shares. Minerals Tech (MTX) is lagging other components of the iShares U.S. Basic Materials ETF Friday, trading lower by about 0.5%.