updated Tuesday, March 19, 1:38 PM
The iShares MSCI Global Metals & Mining Producers ETF (PICK) is seeing unusually high volume in afternoon trading Tuesday, with over 682,000 shares traded versus three month average volume of about 141,000. Shares of PICK were up about 0.9% on the day.
Components of that ETF with the highest volume on Tuesday were Freeport-McMoran (FCX), trading up about 1.7% with over 7.6 million shares changing hands so far this session, and Cleveland-Cliffs (CLF), down about 0.1% on volume of over 5.1 million shares. Ryerson Holding (RYI) is the component faring the best Tuesday, higher by about 3.3% on the day, while Vedanta (VEDL) is lagging other components of the iShares MSCI Global Metals & Mining Producers ETF, trading lower by about 1.2%.
For MarketNewsVideo.com, I'm Sayoko Murase.
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