Thursday's ETF with Unusual Volume: PSI
ETF Channel Staff - Thursday, January 29, 2:05 PMThe PowerShares Dynamic Semiconductors Portfolio ETF (PSI) is seeing unusually high volume in afternoon trading Thursday, with over 197,000 shares traded versus three month average volume of about 31,000. Shares of PSI were off about 1% on the day.
Components of that ETF with the highest volume on Thursday were Intel (INTC), trading off about 0.5% with over 11.5 million shares changing hands so far this session, and Micron Tech (MU), off about 0.1% on volume of over 8.6 million shares. MKS Instruments (MKSI) is the component faring the best Thursday, higher by about 3.5% on the day, while Cirrus Logic (CRUS) is lagging other components of the PowerShares Dynamic Semiconductors Portfolio ETF, trading lower by about 4.8%.