Friday's ETF with Unusual Volume: PXLV
ETF Channel Staff - Friday, April 28, 1:09 PMThe PowerShares Russell Top 200 Pure Value Portfolio ETF (PXLV) is seeing unusually high volume in afternoon trading Friday, with over 173,000 shares traded versus three month average volume of about 26,000. Shares of PXLV were off about 0.1% on the day.
Components of that ETF with the highest volume on Friday were Bank of America (BAC), trading down about 0.8% with over 30.8 million shares changing hands so far this session, and Ford Motor (F), off about 0.1% on volume of over 17.7 million shares. Thomson Reuters (TRI) is the component faring the best Friday, higher by about 3.6% on the day, while Capital One Financial (COF) is lagging other components of the PowerShares Russell Top 200 Pure Value Portfolio ETF, trading lower by about 2.4%.