The SPDR S&P Semiconductor ETF (AMEX:XSD) is seeing unusually high volume in afternoon trading Wednesday, with over 305,000 shares traded versus three month average volume of about 92,000. Shares of XSD were down about 3.6% on the day.
Components of that ETF with the highest volume on Wednesday were Advanced Micro Devices (NYSE:AMD), trading off about 0.3% with over 48.1 million shares changing hands so far this session, and Broadcom (NASDAQ:BRCM), off about 2.6% on volume of over 24.5 million shares. Cree (NASDAQ:CREE) is lagging other components of the SPDR S&P Semiconductor ETF Wednesday, trading lower by about 15.5%.
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