The Guggenheim China Technology ETF (NYSE:CQQQ) is seeing unusually high volume in afternoon trading Monday, with over 322,000 shares traded versus three month average volume of about 34,000. Shares of CQQQ were down about 0.3% on the day.
Components of that ETF with the highest volume on Monday were Alibaba Group Holding (NYSE:BABA), trading down about 2.3% with over 7.7 million shares changing hands so far this session, and Soufun Holdings (NYSE:SFUN), off about 1% on volume of over 4.6 million shares. 58.com (NYSE:WUBA) is the component faring the best Monday, up by about 7.1% on the day, while Bitauto Holdings (NYSE:BITA) is lagging other components of the Guggenheim China Technology ETF, trading lower by about 12.8%.
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