Tuesday's ETF with Unusual Volume: PRF
ETF Channel Staff - Tuesday, August 4, 1:46 PMThe PowerShares FTSE RAFI US 1000 Portfolio ETF (PRF) is seeing unusually high volume in afternoon trading Tuesday, with over 398,000 shares traded versus three month average volume of about 143,000. Shares of PRF were off about 0.1% on the day.
Components of that ETF with the highest volume on Tuesday were Apple (AAPL), trading off about 2.9% with over 89.5 million shares changing hands so far this session, and Baxter International (BAX), up about 2.5% on volume of over 45.6 million shares. Baxalta (BXLT) is the component faring the best Tuesday, up by about 14.8% on the day, while Mallinckrodt Public Limited (MNK) is lagging other components of the PowerShares FTSE RAFI US 1000 Portfolio ETF, trading lower by about 11.4%.