The First Trust Materials AlphaDEX Fund ETF (NYSE:FXZ) is seeing unusually high volume in afternoon trading Tuesday, with over 1.2 million shares traded versus three month average volume of about 101,000. Shares of FXZ were off about 1% on the day.
Components of that ETF with the highest volume on Tuesday were Freeport McMoran (NYSE:FCX), trading down about 2% with over 14.7 million shares changing hands so far this session, and Alcoa (NYSE:AA), down about 2% on volume of over 7.7 million shares. Newmont Mining (NYSE:NEM) is the component faring the best Tuesday, higher by about 2.9% on the day, while Lyondellbasell Industries (NYSE:LYB) is lagging other components of the First Trust Materials AlphaDEX Fund ETF, trading lower by about 4%.
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