Monday's ETF with Unusual Volume: PKB
ETF Channel Staff - Monday, May 21, 1:08 PMThe PowerShares Dynamic Building & Construction Portfolio ETF (PKB) is seeing unusually high volume in afternoon trading Monday, with over 476,000 shares traded versus three month average volume of about 54,000. Shares of PKB were up about 0.8% on the day.
Components of that ETF with the highest volume on Monday were Home Depot (HD), trading up about 1.4% with over 1.8 million shares changing hands so far this session, and D.R. Horton (DHI), up about 0.2% on volume of over 1.5 million shares. Terex (TEX) is the component faring the best Monday, up by about 3% on the day, while Cavco Industries (CVCO) is lagging other components of the PowerShares Dynamic Building & Construction Portfolio ETF, trading lower by about 0.5%.