Thursday's ETF with Unusual Volume: PBE
ETF Channel Staff - Thursday, October 11, 3:01 PMThe Invesco Dynamic Biotechnology & Genome ETF (PBE) is seeing unusually high volume in afternoon trading Thursday, with over 276,000 shares traded versus three month average volume of about 28,000. Shares of PBE were off about 0.8% on the day.
Components of that ETF with the highest volume on Thursday were Opko Health (OPK), trading up about 2.3% with over 3.3 million shares changing hands so far this session, and Amgen (AMGN), off about 3.6% on volume of over 2.4 million shares. Wave Life Sciences (WVE) is the component faring the best Thursday, up by about 5.8% on the day, while Momenta Pharmaceuticals (MNTA) is lagging other components of the Invesco Dynamic Biotechnology & Genome ETF, trading lower by about 9.4%.