Friday's ETF with Unusual Volume: MXI
updated Friday, December 12, 12:38 PMThe iShares Global Materials ETF (MXI) is seeing unusually high volume in afternoon trading Friday, with over 117,000 shares traded versus three month average volume of about 31,000. Shares of MXI were down about 1.5% on the day.
Components of that ETF with the highest volume on Friday were Freeport McMoRan (FCX), trading off about 0.8% with over 6.0 million shares changing hands so far this session, and Dow Chemical (DOW), off about 4.3% on volume of over 5.7 million shares. Avery Dennison (AVY) is the component faring the best Friday, higher by about 1% on the day, while Companhia Siderurgica Nacional (SID) is lagging other components of the iShares Global Materials ETF, trading lower by about 5.8%.
For MarketNewsVideo.com, I'm Kristin Bianco.