An Unusual Surge in Volume
On a captivating Friday afternoon in trading, the First Trust S&P REIT Index Fund ETF (FRI) experiences an unprecedented surge in volume. Over 183,000 shares have exchanged hands, a significant contrast to the standard three-month average of 58,000. Investors witnessed a 0.7% rise in FRI shares during the day, mirroring the upbeat market sentiment.
Standout Performers
The standout performers driving this remarkable activity within the ETF include Medical Properties Trust, soaring by an impressive 10.7% with a staggering 21.6 million shares transacted so far. Healthpeak Properties also made its mark, witnessing a 0.7% increase with over 3.4 million shares traded. In contrast, Ashford Hospitality Trust struggled behind, experiencing a dip of about 1.6%.
VIDEO: Friday’s ETF with Unusual Volume: FRI
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