Credit: Shutterstock photoThe First Trust Nasdaq Bank ETF ( FTXO ) is seeing unusually high volume in afternoon trading Friday, with over 2.3 million shares traded versus three month average volume of about 367,000. Shares of FTXO were down about 0.1% on the day.
Components of that ETF with the highest volume on Friday were Bank of America ( BAC ), trading off about 1.1% with over 32.2 million shares changing hands so far this session, and Wells Fargo ( WFC ), down about 0.1% on volume of over 7.1 million shares. First Horizon National ( FHN ) is the component faring the best Friday, up by about 1% on the day, while Citigroup ( C ) is lagging other components of the First Trust Nasdaq Bank ETF, trading lower by about 1.1%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
