The iShares Russell Top 200 Value ETF (NYSE:IWX) is seeing unusually high volume in afternoon trading Friday, with over 786,000 shares traded versus three month average volume of about 47,000. Shares of IWX were down about 0.3% on the day.
Components of that ETF with the highest volume on Friday were Bank of America (NYSE:BAC), trading down about 0.7% with over 40.4 million shares changing hands so far this session, and Microsoft (NASDAQ:MSFT), up about 0.7% on volume of over 25.7 million shares. Kinder Morgan (NYSE:KMI) is the component faring the best Friday, up by about 2.8% on the day, while Charles Schwab (NYSE:SCHW) is lagging other components of the iShares Russell Top 200 Value ETF, trading lower by about 1.6%.
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