The NASDAQ Internet Portfolio ETF (NASDAQ:PNQI) is seeing unusually high volume in afternoon trading Tuesday, with over 87,000 shares traded versus three month average volume of about 26,000. Shares of PNQI were up about 0.8% on the day.
Components of that ETF with the highest volume on Tuesday were Groupon (NASDAQ:GRPN), trading off about 0.3% with over 15.1 million shares changing hands so far this session, and Yahoo (NASDAQ:YHOO), up about 0.5% on volume of over 9.8 million shares. Velti (VELT) is the component faring the best Tuesday, up by about 12.5% on the day, while Earthlink (NASDAQ:ELNK) is lagging other components of the NASDAQ Internet Portfolio ETF, trading lower by about 3.1%.
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