The First Trust Financials AlphaDEX Fund ETF is seeing unusually high volume in afternoon trading Wednesday, with over 2.3 million shares traded versus three month average volume of about 189,000. Shares of FXO were trading flat on the day.
Components of that ETF with the highest volume on Wednesday were Bank of America, trading down about 0.2% with over 24.3 million shares changing hands so far this session, and Wells Fargo, up about 1.1% on volume of over 7.5 million shares. Intelsat is the component faring the best Wednesday, higher by about 3.9% on the day, while SLM is lagging other components of the First Trust Financials AlphaDEX Fund ETF, trading lower by about 2.7%.
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