Wednesday's ETF with Unusual Volume: SLX
updated Wednesday, October 21, 1:37 PMThe Steel ETF (SLX) is seeing unusually high volume in afternoon trading Wednesday, with over 204,000 shares traded versus three month average volume of about 25,000. Shares of SLX were up about 0.2% on the day.
Components of that ETF with the highest volume on Wednesday were Vale (VALE), trading up about 2.9% with over 10.5 million shares changing hands so far this session, and United States Steel (X), off about 3.4% on volume of over 4.8 million shares. Olympic Steel (ZEUS) is the component faring the best Wednesday, higher by about 5% on the day, while Allegheny Technologies (ATI) is lagging other components of the Steel ETF, trading lower by about 7.2%.
For MarketNewsVideo.com, I'm Sayoko Murase.