The First Trust Nasdaq Semiconductor ETF is seeing unusually high volume in Friday afternoon trading, with more than 533,000 shares trading against a three-month average volume of around 54,000. FTXL shares were down about 2% that day.
The components of this ETF with the highest volume on Friday were Intel, which was trading down around 0.5% with more than 36.4 million shares traded so far this session, and Nvidia, down 2.4% on a volume of more than 34.3 million shares. On Friday, Monolithic Power Systems lagged other components of the First Trust Nasdaq Semiconductor ETF, trading down around 5.2%.
VIDEO: Friday ETF with Unusual Volume: FTXL
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