The First Trust NASDAQ-100 Equal Weighted IndexFund ETF (NASDAQ:QQEW) is seeing unusually high volume in afternoon trading Wednesday, with over 390,000 shares traded versus three month average volume of about 65,000. Shares of QQEW were off about 0.1% on the day.
Components of that ETF with the highest volume on Wednesday were Apple (NASDAQ:AAPL), trading up about 6.7% with over 20.5 million shares changing hands so far this session, and Intel (NASDAQ:INTC), down about 1.1% on volume of over 19.4 million shares. CA (NASDAQ:CA) is the component faring the best Wednesday, higher by about 10.5% on the day, while Sears Holdings (NASDAQ:SHLD) is lagging other components of the First Trust NASDAQ-100 Equal Weighted IndexFund ETF, trading lower by about 4.5%.
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