Monday's ETF with Unusual Volume: PTF
ETF Channel Staff - Monday, May 23, 1:38 PMThe PowerShares DWA Technology Momentum Portfolio ETF (PTF) is seeing unusually high volume in afternoon trading Monday, with over 534,000 shares traded versus three month average volume of about 32,000. Shares of PTF were up about 0.3% on the day.
Components of that ETF with the highest volume on Monday were Facebook (FB), trading down about 0.8% with over 12.6 million shares changing hands so far this session, and Cognizant Tech Solutions (CTSH), off about 1.2% on volume of over 1.6 million shares. Cirrus Logic (CRUS) is the component faring the best Monday, up by about 3% on the day, while CDW (CDW) is lagging other components of the PowerShares DWA Technology Momentum Portfolio ETF, trading lower by about 1.9%.