Monday's ETF with Unusual Volume: KBWR
ETF Channel Staff - Monday, March 27, 1:28 PMThe PowerShares KBW Regional Banking Portfolio ETF (KBWR) is seeing unusually high volume in afternoon trading Monday, with over 765,000 shares traded versus three month average volume of about 84,000. Shares of KBWR were off about 1.2% on the day.
Components of that ETF with the highest volume on Monday were FNB (FNB), trading off about 1% with over 1.4 million shares changing hands so far this session, and First Horizon National (FHN), down about 1% on volume of over 1.4 million shares. Washington Federal (WAFD) is the component faring the best Monday, up by about 0.9% on the day, while Westamerica Bancorp (WABC) is lagging other components of the PowerShares KBW Regional Banking Portfolio ETF, trading lower by about 2%.