Friday's ETF with Unusual Volume: KBWR
ETF Channel Staff - Friday, January 20, 1:41 PMThe PowerShares KBW Regional Banking Portfolio ETF (KBWR) is seeing unusually high volume in afternoon trading Friday, with over 296,000 shares traded versus three month average volume of about 77,000. Shares of KBWR were up about 0.5% on the day.
Components of that ETF with the highest volume on Friday were TCF Financial (TCB), trading up about 0.2% with over 1.3 million shares changing hands so far this session, and First Horizon National (FHN), up about 0.1% on volume of over 986,000 shares. Wintrust Financial (WTFC) is the component faring the best Friday, up by about 3.7% on the day, while Hancock Holding (HBHC) is lagging other components of the PowerShares KBW Regional Banking Portfolio ETF, trading lower by about 0.2%.