updated Tuesday, July 13, 12:56 PM
The iShares Global Materials ETF is seeing unusually high volume in afternoon trading Tuesday, with over 209,000 shares traded versus three month average volume of about 93,000. Shares of MXI were off about 0.4% on the day.
Components of that ETF with the highest volume on Tuesday were Freeport-mcmoran, trading down about 2.1% with over 6.4 million shares changing hands so far this session, and Gerdau, up about 0.1% on volume of over 5.2 million shares. Newmont is the component faring the best Tuesday, higher by about 1.4% on the day, while CF Industries Holdings is lagging other components of the iShares Global Materials ETF, trading lower by about 2.4%.
For MarketNewsVideo.com, I'm Sayoko Murase.
Free Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts
What is a Dividend?|