The First Trust NASDAQ-100 Equal Weighted Index Fund ETF (NASDAQ:QQEW) is seeing unusually high volume in afternoon trading Monday, with over 3.9 million shares traded versus three month average volume of about 190,000. Shares of QQEW were down about 1.8% on the day.
Components of that ETF with the highest volume on Monday were Sirius XM Holdings (NASDAQ:SIRI), trading off about 2.8% with over 73.8 million shares changing hands so far this session, and Facebook (NASDAQ:FB), off about 5.4% on volume of over 56.4 million shares. Symantec (NASDAQ:SYMC) is the component faring the best Monday, higher by about 3.1% on the day, while Netflix (NASDAQ:NFLX) is lagging other components of the First Trust NASDAQ-100 Equal Weighted Index Fund ETF, trading lower by about 8.6%.
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