The First Trust S&P REIT Index Fund ETF (NYSE:FRI) is seeing unusually high volume in afternoon trading Tuesday, with over 313,000 shares traded versus three month average volume of about 39,000. Shares of FRI were off about 0.8% on the day.
Components of that ETF with the highest volume on Tuesday were Vereit (NYSE:VER), trading down about 0.8% with over 4.0 million shares changing hands so far this session, and Lexington Realty Trust (NYSE:LXP), off about 5.3% on volume of over 3.0 million shares. Wheeler Real Estate Investment Trust (NASDAQ:WHLR) is the component faring the best Tuesday, up by about 2.5% on the day.
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