The Federated Hermes MDT Market Neutral ETF is seeing unusually high volume in afternoon trading Friday, with over 295,000 shares traded versus three month average volume of about 41,000. Shares of MKTN were up about 0.7% on the day.
Components of that ETF with the highest volume on Friday were Intel, trading up about 1.8% with over 42.1 million shares changing hands so far this session, and Draftkings, down about 12.1% on volume of over 41.1 million shares. Coinbase Global is the component faring the best Friday, up by about 17.1% on the day.
VIDEO: Friday’s ETF with Unusual Volume: MKTN
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