The iShares S&P North American Technology Sector Index Fund ETF (AMEX:IGM) is seeing unusually high volume in afternoon trading Friday, with over 144,000 shares traded versus three month average volume of about 37,000. Shares of IGM were up about 0.1% on the day.
Components of that ETF with the highest volume on Friday were Cisco Systems (NASDAQ:CSCO), trading up about 0.1% with over 12.9 million shares changing hands so far this session, and Microsoft (NASDAQ:MSFT), off about 0.9% on volume of over 12.8 million shares. GT Advanced Tech (GTAT) is the component faring the best Friday, higher by about 5% on the day, while Comtech Telecommun (NASDAQ:CMTL) is lagging other components of the iShares S&P North American Technology Sector Index Fund ETF, trading lower by about 8.2%.
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