The First Trust Multi-Strategy Alternative ETF (LALT) experienced a significant spike in trading volume on Monday, with over 5.6 million shares exchanged, compared to its three-month average of approximately 65,000 shares. On the same day, LALT’s share price increased by 0.2%.
Key components contributing to this unusual activity included the iShares 7-10 Year Treasury Bond ETF, which traded flat with more than 3.3 million shares, and the iShares Gold Trust Shares, down 1.2% with over 2.8 million shares traded. The First Trust LONG/SHORT Equity component saw the best performance, rising by about 0.7% on Monday.
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