The Capital Group New Geography Equity ETF is seeing unusually high volume in afternoon trading Wednesday, with over 146,000 shares traded versus three month average volume of about 63,000. Shares of CGNG were up about 0.9% on the day.
Components of that ETF with the highest volume on Wednesday were Nvidia, trading up about 1.6% with over 91.1 million shares changing hands so far this session, and Apple, up about 1.5% on volume of over 13.7 million shares. Netease is the component faring the best Wednesday, higher by about 7% on the day, while Lululemon Athletica is lagging other components of the Capital Group New Geography Equity ETF, trading lower by about 3.4%.
VIDEO: Wednesday’s ETF with Unusual Volume: CGNG