The SPDR S&P Semiconductor ETF (NYSE:XSD) is seeing unusually high volume in afternoon trading Thursday, with over 245,000 shares traded versus three month average volume of about 25,000. Shares of XSD were off about 1.9% on the day.
Components of that ETF with the highest volume on Thursday were Micron (NASDAQ:MU), trading off about 3.1% with over 17.0 million shares changing hands so far this session, and Intel (NASDAQ:INTC), down about 0.9% on volume of over 14.1 million shares. Cree (NASDAQ:CREE) is the component faring the best Thursday, higher by about 3.1% on the day, while Freescale Semiconductor (FSL) is lagging other components of the SPDR S&P Semiconductor ETF, trading lower by about 4.9%.
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