The High Yield Equity Dividend Achievers Portfolio ETF (AMEX:PEY) is seeing unusually high volume in afternoon trading Wednesday, with over 1.3 million shares traded versus three month average volume of about 460,000. Shares of PEY were down about 0.8% on the day.
Components of that ETF with the highest volume on Wednesday were AT&T (NYSE:T), trading down about 0.1% with over 6.3 million shares changing hands so far this session, and Altria Group (NYSE:MO), up about 0.3% on volume of over 3.4 million shares. Nstar (NST) is the component faring the best Wednesday, up by about 0.5% on the day, while Hudson City Bancorp (NASDAQ:HCBK) is lagging other components of the High Yield Equity Dividend Achievers Portfolio ETF, trading lower by about 2.8%.
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