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Friday's ETF with Unusual Volume: REM
Friday, May 6, 12:28 PM ET

The iShares Mortgage Real Estate Capped ETF (AMEX:REM) is seeing unusually high volume in afternoon trading Friday, with over 3.8 million shares traded versus three month average volume of about 984,000. Shares of REM were up about 1.2% on the day.

Components of that ETF with the highest volume on Friday were Annaly Capital Management (NYSE:NLY), trading up about 2.1% with over 7.8 million shares changing hands so far this session, and American Capital Agency (NASDAQ:AGNC), up about 1.6% on volume of over 2.7 million shares. Redwood Trust (NYSE:RWT) is the component faring the best Friday, up by about 3.7% on the day, while Western Asset Mortgage Capital (NYSE:WMC) is lagging other components of the iShares Mortgage Real Estate Capped ETF, trading lower by about 4.1%.

For MarketNewsVideo.com, I'm Sayoko Murase.

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Friday's ETF with Unusual Volume: REM | Market News Video | Copyright © 2008 - 2016, All Rights Reserved

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