Wednesday's ETF with Unusual Volume: IGM
ETF Channel Staff - Wednesday, April 16, 4:03 PMThe iShares North American Tech ETF (IGM) is seeing unusually high volume in afternoon trading Wednesday, with over 187,000 shares traded versus three month average volume of about 33,000. Shares of IGM were up about 0.5% on the day.
Components of that ETF with the highest volume on Wednesday were Facebook (FB), trading down about 0.4% with over 53.2 million shares changing hands so far this session, and Yahoo (YHOO), up about 5.7% on volume of over 44.9 million shares. J2 Global (JCOM) is the component faring the best Wednesday, higher by about 6.2% on the day, while Adtran (ADTN) is lagging other components of the iShares North American Tech ETF, trading lower by about 6.5%.