Thursday's ETF with Unusual Volume: PSK
ETF Channel Staff - Thursday, July 28, 1:10 PMThe SPDR Wells Fargo Preferred Stock ETF (PSK) is seeing unusually high volume in afternoon trading Thursday, with over 455,000 shares traded versus three month average volume of about 104,000. Shares of PSK were trading flat on the day.
Components of that ETF with the highest volume on Thursday were Prudential (PUK), trading off about 2.1% with over 415,000 shares changing hands so far this session, and Government Properties Income Trust (GOVNI), up about 0.4% on volume of over 107,000 shares. Legg Mason 6.375 Junior Subordinated Notes (LMHA) is the component faring the best Thursday, up by about 1.1% on the day.