The Vanguard Mega Cap 300 Value ETF (AMEX:MGV) is seeing unusually high volume in afternoon trading Thursday, with over 25,000 shares traded versus three month average volume of about 25,000. Shares of MGV were up about 0.6% on the day.
Components of that ETF with the highest volume on Thursday were Sprint Nextel (NYSE:S), trading off about 0.5% with over 40.3 million shares changing hands so far this session, and Bank of America (NYSE:BAC), up about 0.2% on volume of over 29.5 million shares. Ameriprise Financial (NYSE:AMP) is the component faring the best Thursday, up by about 4.4% on the day, while Best Buy (NYSE:BBY) is lagging other components of the Vanguard Mega Cap 300 Value ETF, trading lower by about 9.7%.
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