Monday's ETF with Unusual Volume: PDP
ETF Channel Staff - Monday, October 16, 1:33 PMThe PowerShares DWA Momentum Portfolio ETF (PDP) is seeing unusually high volume in afternoon trading Monday, with over 101,000 shares traded versus three month average volume of about 65,000. Shares of PDP were up about 0.7% on the day.
Components of that ETF with the highest volume on Monday were Advanced Micro Devices (AMD), trading up about 0.2% with over 21.0 million shares changing hands so far this session, and Exelixis (EXEL), up about 24.7% on volume of over 20.8 million shares. Hanesbrands (HBI) is lagging other components of the PowerShares DWA Momentum Portfolio ETF Monday, trading lower by about 1.8%.