Monday's ETF with Unusual Volume: PBP
ETF Channel Staff - Monday, August 3, 2:48 PMThe PowerShares S&P 500 BuyWrite Portfolio ETF (PBP) is seeing unusually high volume in afternoon trading Monday, with over 908,000 shares traded versus three month average volume of about 166,000. Shares of PBP were off about 0.5% on the day.
Components of that ETF with the highest volume on Monday were Apple (AAPL), trading off about 2.2% with over 52.4 million shares changing hands so far this session, and Frontier Communications (FTR), up about 9.2% on volume of over 45.6 million shares. Tyson Foods (TSN) is lagging other components of the PowerShares S&P 500 BuyWrite Portfolio ETF Monday, trading lower by about 9.7%.