Wednesday's ETF with Unusual Volume: RYF
ETF Channel Staff - Wednesday, July 21, 2:04 PM
The Invesco S&P 500— Equal Weight Financials ETF is seeing unusually high volume in afternoon trading Wednesday, with over 1.1 million shares traded versus three month average volume of about 64,000. Shares of RYF were up about 2.2% on the day.
Components of that ETF with the highest volume on Wednesday were Bank of America, trading up about 2.6% with over 28.4 million shares changing hands so far this session, and Wells Fargo, up about 2.7% on volume of over 16.9 million shares. Comerica is the component faring the best Wednesday, up by about 5.3% on the day, while M&T Bank is lagging other components of the Invesco S&P 500— Equal Weight Financials ETF, trading lower by about 1.1%.