The iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) reported unusually high trading volume on Friday, with over 492,000 shares exchanged, significantly above its three-month average of about 110,000 shares. Currently, the ETF is down approximately 0.1% on the day.
Key components contributing to this volume include Robinhood Markets, trading down 0.3% with over 7.5 million shares exchanged, and Coinbase Global, off 0.9% with over 3.9 million shares. Stonex Group is the only component making gains, up about 1.3%, while Miami International Holdings is down roughly 1.2%.
