Monday's ETF with Unusual Volume: FXN
Energy Stock Channel - Monday, September 29, 3:56 PM
The First Trust Energy AlphaDEX Fund ETF (FXN) is seeing unusually high volume in afternoon trading Monday, with over 10.5 million shares traded versus three month average volume of about 423,000. Shares of FXN were down about 0.5% on the day.
Components of that ETF with the highest volume on Monday were Exxon Mobil (XOM), trading off about 0.9% with over 6.9 million shares changing hands so far this session, and Chesapeake Energy (CHK), up about 0.1% on volume of over 6.3 million shares. Laredo Petroleum (LPI) is the component faring the best Monday, higher by about 5.6% on the day, while Rowan Companies (RDC) is lagging other components of the First Trust Energy AlphaDEX Fund ETF, trading lower by about 3.5%.