Tuesday's ETF with Unusual Volume: FCEF Tuesday, January 29, 1:41 PM ET
The First Trust CEF Income Opportunity ETF (FCEF) is seeing unusually high volume in afternoon trading Tuesday, with over 297,000 shares traded versus three month average volume of about 27,000. Shares of FCEF were up about 0.4% on the day.
Components of that ETF with the highest volume on Tuesday were Intelsat (I), trading down about 1% with over 654,000 shares changing hands so far this session, and Nuveen Preferred & Income Opportunities Fund (JPC), up about 0.1% on volume of over 268,000 shares. Tortoise Pipeline & Energy Fund (TTP) is the component faring the best Tuesday, up by about 1.5% on the day, while Proshares Ultra Semiconductors (USD) is lagging other components of the First Trust CEF Income Opportunity ETF, trading lower by about 2.5%.
For MarketNewsVideo.com, I'm Sayoko Murase.
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