The First Trust NASDAQ-100 Equal Weighted IndexFund ETF (NASDAQ:QQEW) is seeing unusually high volume in afternoon trading Thursday, with over 183,000 shares traded versus three month average volume of about 39,000. Shares of QQEW were down about 1.9% on the day.
Components of that ETF with the highest volume on Thursday were Micron Tech (NASDAQ:MU), trading off about 6.3% with over 25.0 million shares changing hands so far this session, and Microsoft (NASDAQ:MSFT), down about 0.8% on volume of over 18.0 million shares. Wynn Resorts Limited (NASDAQ:WYNN) is the component faring the best Thursday, higher by about 0.9% on the day, while Bed Bath & Beyond (NASDAQ:BBBY) is lagging other components of the First Trust NASDAQ-100 Equal Weighted IndexFund ETF, trading lower by about 14.8%.
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