The iShares North American Tech-Software ETF (AMEX:IGV) is seeing unusually high volume in afternoon trading Wednesday, with over 269,000 shares traded versus three month average volume of about 111,000. Shares of IGV were down about 0.3% on the day.
Components of that ETF with the highest volume on Wednesday were Microsoft (NASDAQ:MSFT), trading off about 0.3% with over 5.2 million shares changing hands so far this session, and Zynga (NASDAQ:ZNGA), down about 1.7% on volume of over 5.0 million shares. Blackbaud (NASDAQ:BLKB) is the component faring the best Wednesday, up by about 3% on the day, while Solera Holdings (NYSE:SLH) is lagging other components of the iShares North American Tech-Software ETF, trading lower by about 8%.
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