The PowerShares Dynamic Media Portfolio ETF (PBS) is seeing unusually high volume in afternoon trading Friday, with over 335,000 shares traded versus three month average volume of about 53,000. Shares of PBS were up about 0.8% on the day.
Components of that ETF with the highest volume on Friday were Sirius XM Holdings (NASDAQ:SIRI), trading up about 0.4% with over 2.5 million shares changing hands so far this session, and Groupon (NASDAQ:GRPN), up about 0.8% on volume of over 1.6 million shares. Time (NYSE:TIME) is the component faring the best Friday, up by about 2.6% on the day, while Google (NASDAQ:GOOGL) is lagging other components of the PowerShares Dynamic Media Portfolio ETF, trading lower by about 0.3%.
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