Wednesday's ETF with Unusual Volume: DWAS
ETF Channel Staff - Wednesday, May 24, 2:07 PMThe PowerShares DWA SmallCap Momentum Portfolio ETF (DWAS) is seeing unusually high volume in afternoon trading Wednesday, with over 129,000 shares traded versus three month average volume of about 32,000. Shares of DWAS were off about 0.4% on the day.
Components of that ETF with the highest volume on Wednesday were Dycom Industries (DY), trading down about 16.5% with over 5.7 million shares changing hands so far this session, and Nektar Therapeutics (NKTR), up about 4.3% on volume of over 1.4 million shares. Stamps.com (STMP) is the component faring the best Wednesday, higher by about 4.5% on the day.