Friday's ETF with Unusual Volume: MXI
updated Friday, October 30, 12:07 PM
The iShares Global Materials ETF is seeing unusually high volume in afternoon trading Friday, with over 410,000 shares traded versus three month average volume of about 39,000. Shares of MXI were off about 0.9% on the day.
Components of that ETF with the highest volume on Friday were Vale, trading off about 1% with over 14.9 million shares changing hands so far this session, and Freeport-mcmoran, down about 1.9% on volume of over 4.9 million shares. Newmont is the component faring the best Friday, higher by about 2.7% on the day, while Lyondellbasell Industries is lagging other components of the iShares Global Materials ETF, trading lower by about 7.2%.
For MarketNewsVideo.com, I'm Sayoko Murase.