The CEF Municipal Income ETF (AMEX:XMPT) is seeing unusually high volume in afternoon trading Friday, with over 79,000 shares traded versus three month average volume of about 27,000. Shares of XMPT were down about 1.7% on the day.
Components of that ETF with the highest volume on Friday were Nuveen AMT-Free Quality Municipal Income (NYSE:NEA), trading down about 1.5% with over 1.3 million shares changing hands so far this session, and Nuveen Quality Municipal Income Fund (NYSE:NAD), off about 1% on volume of over 945,000 shares. Nuveen Select Tax Free Income Portfolio (NYSE:NXP) is the component faring the best Friday, higher by about 0.1% on the day, while Invesco Municipal Income Opportunities Trust (NYSE:OIA) is lagging other components of the CEF Municipal Income ETF, trading lower by about 3%.
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