The Federated Hermes MDT Market Neutral ETF (MKTN) experienced significant trading activity on Wednesday, with over 198,000 shares traded, far exceeding its three-month average of approximately 33,000 shares. As of the afternoon, MKTN shares were down about 0.7% for the day.
Key components contributing to this trading volume included Intel, which rose approximately 0.7% with over 89.9 million shares exchanged, and Nvidia, which saw a decline of about 2.3% with over 78.3 million shares traded. Viking Therapeutics was the standout performer, gaining around 8%, while Unity Software fell by about 9.6%.
