The iShares North American Tech-Software ETF (AMEX:IGV) is seeing unusually high volume in afternoon trading Friday, with over 973,000 shares traded versus three month average volume of about 147,000. Shares of IGV were off about 0.7% on the day.
Components of that ETF with the highest volume on Friday were Microsoft (NASDAQ:MSFT), trading up about 0.1% with over 17.5 million shares changing hands so far this session, and Zynga (NASDAQ:ZNGA), up about 2.7% on volume of over 16.8 million shares. Guidewire Software (NYSE:GWRE) is lagging other components of the iShares North American Tech-Software ETF Friday, trading lower by about 3.5%.
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