Friday's ETF with Unusual Volume: IYZ
ETF Channel Staff - Friday, August 17, 1:54 PMThe iShares U.S. Telecommunications ETF (IYZ) is seeing unusually high volume in afternoon trading Friday, with over 3.3 million shares traded versus three month average volume of about 462,000. Shares of IYZ were up about 0.8% on the day.
Components of that ETF with the highest volume on Friday were AT&T (T), trading off about 0.1% with over 15.1 million shares changing hands so far this session, and Cisco Systems (CSCO), up about 1.4% on volume of over 12.5 million shares. Globalstar (GSAT) is the component faring the best Friday, higher by about 4.3% on the day, while Acacia Communications (ACIA) is lagging other components of the iShares U.S. Telecommunications ETF, trading lower by about 1.3%.