Wednesday's ETF with Unusual Volume: IGV
ETF Channel Staff - Wednesday, August 27, 1:29 PMThe iShares North American Tech-Software ETF (IGV) is seeing unusually high volume in afternoon trading Wednesday, with over 269,000 shares traded versus three month average volume of about 111,000. Shares of IGV were down about 0.3% on the day.
Components of that ETF with the highest volume on Wednesday were Microsoft (MSFT), trading off about 0.3% with over 5.2 million shares changing hands so far this session, and Zynga (ZNGA), down about 1.7% on volume of over 5.0 million shares. Blackbaud (BLKB) is the component faring the best Wednesday, up by about 3% on the day, while Solera Holdings (SLH) is lagging other components of the iShares North American Tech-Software ETF, trading lower by about 8%.