The First Trust ISE Cloud Computing Index Fund ETF (NASDAQ:SKYY) is seeing unusually high volume in afternoon trading Tuesday, with over 178,000 shares traded versus three month average volume of about 45,000. Shares of SKYY were down about 2.2% on the day.
Components of that ETF with the highest volume on Tuesday were Microsoft (NASDAQ:MSFT), trading down about 0.9% with over 25.7 million shares changing hands so far this session, and Apple (NASDAQ:AAPL), down about 0.7% on volume of over 18.2 million shares. AMAZON.COM (NASDAQ:AMZN) is the component faring the best Tuesday, higher by about 0.4% on the day, while Polycom (NASDAQ:PLCM) is lagging other components of the First Trust ISE Cloud Computing Index Fund ETF, trading lower by about 7.5%.
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