Friday's ETF with Unusual Volume: SPHD
ETF Channel Staff - Friday, May 19, 1:48 PMThe PowerShares S&P 500 High Dividend Low Volatility Portfolio ETF (SPHD) is seeing unusually high volume in afternoon trading Friday, with over 2.3 million shares traded versus three month average volume of about 558,000. Shares of SPHD were up about 0.6% on the day.
Components of that ETF with the highest volume on Friday were General Electric (GE), trading up about 2.2% with over 26.7 million shares changing hands so far this session, and Cisco Systems (CSCO), up about 0.2% on volume of over 21.6 million shares. Kimco Realty (KIM) is the component faring the best Friday, higher by about 3.1% on the day, while Iron Mountain (IRM) is lagging other components of the PowerShares S&P 500 High Dividend Low Volatility Portfolio ETF, trading lower by about 0.7%.