The PowerShares Aerospace & Defense Portfolio ETF (NYSE:PPA) is seeing unusually high volume in afternoon trading Thursday, with over 694,000 shares traded versus three month average volume of about 42,000. Shares of PPA were up about 0.5% on the day.
Components of that ETF with the highest volume on Thursday were Boeing (NYSE:BA), trading up about 1.9% with over 2.7 million shares changing hands so far this session, and Taser International (TASR), down about 0.1% on volume of over 2.3 million shares. Vectrus (NYSE:VEC) is the component faring the best Thursday, higher by about 3.4% on the day, while Mercury Systems (NASDAQ:MRCY) is lagging other components of the PowerShares Aerospace & Defense Portfolio ETF, trading lower by about 1.4%.
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