Monday's ETF with Unusual Volume: BSCG
ETF Channel Staff - Monday, July 27, 2:50 PMThe Guggenheim BulletShares 2016 Corporate Bond ETF (BSCG) is seeing unusually high volume in afternoon trading Monday, with over 1.4 million shares traded versus three month average volume of about 233,000. Shares of BSCG were trading flat on the day.
Components of that ETF with the highest volume on Monday were Bank of America (BAC), trading down about 1.1% with over 65.8 million shares changing hands so far this session, and JP Morgan Chase (JPM), off about 1.3% on volume of over 9.7 million shares. CenturyLink (CTL) is the component faring the best Monday, up by about 0.7% on the day, while Anadarko Petroleum (APC) is lagging other components of the Guggenheim BulletShares 2016 Corporate Bond ETF, trading lower by about 1.8%.