Wednesday's ETF with Unusual Volume: XLC
ETF Channel Staff - Wednesday, January 16, 1:38 PMThe Communication Services Select Sector SPDR Fund ETF (XLC) is seeing unusually high volume in afternoon trading Wednesday, with over 18.5 million shares traded versus three month average volume of about 3.6 million. Shares of XLC were off about 0.2% on the day.
Components of that ETF with the highest volume on Wednesday were AT&T (T), trading up about 0.2% with over 11.7 million shares changing hands so far this session, and Facebook (FB), off about 0.7% on volume of over 11.2 million shares. Comcast (CMCSA) is the component faring the best Wednesday, higher by about 0.8% on the day, while Omnicom Group (OMC) is lagging other components of the Communication Services Select Sector SPDR Fund ETF, trading lower by about 2%.