Monday's ETF with Unusual Volume: PSP
ETF Channel Staff - Monday, April 24, 2:16 PMThe PowerShares Global Listed Private Equity Portfolio ETF (PSP) is seeing unusually high volume in afternoon trading Monday, with over 626,000 shares traded versus three month average volume of about 149,000. Shares of PSP were up about 1.7% on the day.
Components of that ETF with the highest volume on Monday were The Blackstone Group LP (BX), trading up about 0.5% with over 7.2 million shares changing hands so far this session, and Prospect Capital (PSEC), up about 0.8% on volume of over 1.2 million shares. The Carlyle Group LP (CG) is the component faring the best Monday, up by about 2.8% on the day, while Goldman Sachs BDC (GSBD) is lagging other components of the PowerShares Global Listed Private Equity Portfolio ETF, trading lower by about 0.4%.