Thursday's ETF with Unusual Volume: PDP
ETF Channel Staff - Thursday, October 12, 1:50 PMThe PowerShares DWA Momentum Portfolio ETF (PDP) is seeing unusually high volume in afternoon trading Thursday, with over 323,000 shares traded versus three month average volume of about 60,000. Shares of PDP were up about 0.1% on the day.
Components of that ETF with the highest volume on Thursday were Advanced Micro Devices (AMD), trading up about 2.5% with over 47.8 million shares changing hands so far this session, and Sirius XM Holdings (SIRI), up about 0.5% on volume of over 9.7 million shares. Idexx Laboratories (IDXX) is the component faring the best Thursday, higher by about 3.1% on the day, while National Beverage (FIZZ) is lagging other components of the PowerShares DWA Momentum Portfolio ETF, trading lower by about 6.2%.