Friday's ETF with Unusual Volume: PKW
ETF Channel Staff - Friday, January 19, 1:17 PMThe PowerShares BuyBack Achievers Portfolio ETF (PKW) is seeing unusually high volume in afternoon trading Friday, with over 235,000 shares traded versus three month average volume of about 63,000. Shares of PKW were up about 0.1% on the day.
Components of that ETF with the highest volume on Friday were General Electric (GE), trading down about 2.2% with over 139.4 million shares changing hands so far this session, and Sirius XM Holdings (SIRI), up about 2.4% on volume of over 12.9 million shares. Hertz Global Holdings (HTZ) is the component faring the best Friday, up by about 6.2% on the day, while GNC Holdings (GNC) is lagging other components of the PowerShares BuyBack Achievers Portfolio ETF, trading lower by about 8.2%.