The SPDR S&P Global Natural Resources ETF (GNR) is seeing unusually high volume in afternoon trading Friday, with over 656,000 shares traded versus three month average volume of about 52,000. Shares of GNR were off about 1.7% on the day.
Components of that ETF with the highest volume on Friday were Alcoa (AA), trading off about 2.9% with over 9.2 million shares changing hands so far this session, and Freeport-McMoran Copper & GO (FCX), down about 1.8% on volume of over 4.7 million shares. Consol Energy (CNX) is the component faring the best Friday, up by about 0.3% on the day, while Peabody Energy (BTU) is lagging other components of the SPDR S&P Global Natural Resources ETF, trading lower by about 3.4%.
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