The First Trust Financials AlphaDEX Fund ETF (AMEX:FXO) is seeing unusually high volume in afternoon trading Monday, with over 2.8 million shares traded versus three month average volume of about 341,000. Shares of FXO were off about 0.9% on the day.
Components of that ETF with the highest volume on Monday were Bank of America (NYSE:BAC), trading off about 1.1% with over 118.7 million shares changing hands so far this session, and JP Morgan Chase & (NYSE:JPM), off about 2.1% on volume of over 70.5 million shares. Dun & Bradstreet Del NE (NYSE:DNB) is the component faring the best Monday, up by about 2.7% on the day, while Popular (NASDAQ:BPOP) is lagging other components of the First Trust Financials AlphaDEX Fund ETF, trading lower by about 6.3%.
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