Tuesday's ETF with Unusual Volume: XRLV
ETF Channel Staff - Tuesday, January 24, 1:33 PMThe PowerShares S&P 500 ex-Rate Sensitive Low Volatility Portfolio ETF (XRLV) is seeing unusually high volume in afternoon trading Tuesday, with over 343,000 shares traded versus three month average volume of about 43,000. Shares of XRLV were up about 0.5% on the day.
Components of that ETF with the highest volume on Tuesday were Pfizer (PFE), trading down about 1.5% with over 17.4 million shares changing hands so far this session, and General Electric (GE), up about 0.7% on volume of over 15.3 million shares. International Business Machines (IBM) is the component faring the best Tuesday, higher by about 2.4% on the day, while Johnson & Johnson (JNJ) is lagging other components of the PowerShares S&P 500 ex-Rate Sensitive Low Volatility Portfolio ETF, trading lower by about 2.2%.