Thursday's ETF with Unusual Volume: COPX
updated Thursday, August 23, 1:29 PMThe Copper Miners ETF (COPX) is seeing unusually high volume in afternoon trading Thursday, with over 342,000 shares traded versus three month average volume of about 48,000. Shares of COPX were off about 1.9% on the day.
Components of that ETF with the highest volume on Thursday were Freeport-McMoran (FCX), trading down about 2.7% with over 9.8 million shares changing hands so far this session, and Lundin Mining Corp (LUN.CA), down about 1.8% on volume of over 1.3 million shares. Hudbay Minerals (HBM.CA) is the component faring the best Thursday, lower by about 1.6% on the day, while Imperial Metals Corp (III.CA) is lagging other components of the Copper Miners ETF, trading lower by about 12%.
For MarketNewsVideo.com, I'm Sayoko Murase.