The First Trust ISE Chindia Index Fund ETF ( FNI ) is seeing unusually high volume in afternoon trading Tuesday, with over 252,000 shares traded versus three month average volume of about 26,000. Shares of FNI were up about 0.3% on the day.
Components of that ETF with the highest volume on Tuesday were Alibaba Group Holding ( BABA ), trading up about 2.5% with over 6.3 million shares changing hands so far this session, and JD.com ( JD ), up about 0.3% on volume of over 4.0 million shares. Jumei International Holding ( JMEI ) is the component faring the best Tuesday, up by about 3.4% on the day, while AutoHome ( ATHM ) is lagging other components of the First Trust ISE Chindia Index Fund ETF, trading lower by about 2.2%.
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