The First Trust Nasdaq Bank ETF (NASDAQ:FTXO) is seeing unusually high volume in afternoon trading Wednesday, with over 161,000 shares traded versus three month average volume of about 33,000. Shares of FTXO were up about 0.6% on the day.
Components of that ETF with the highest volume on Wednesday were Bank of America (NYSE:BAC), trading up about 0.7% with over 42.4 million shares changing hands so far this session, and Regions Financial (NYSE:RF), up about 1.5% on volume of over 12.1 million shares. First Republic Bank (NYSE:FRC) is lagging other components of the First Trust Nasdaq Bank ETF Wednesday, trading lower by about 0.8%.
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