The PowerShares Dynamic Building & Construction Portfolio ETF (PKB) is seeing unusually high volume in afternoon trading Wednesday, with over 243,000 shares traded versus three month average volume of about 47,000. Shares of PKB were up about 0.8% on the day.
Components of that ETF with the highest volume on Wednesday were Lowes Companies (LOW), trading up about 0.8% with over 2.4 million shares changing hands so far this session, and Home Depot (HD), up about 1.3% on volume of over 2.2 million shares. The Babcock & Wilcox (BWC) is the component faring the best Wednesday, up by about 3.1% on the day, while Martin Marietta Materials (MLM) is lagging other components of the PowerShares Dynamic Building & Construction Portfolio ETF, trading lower by about 0.9%.
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