The SPDR S&P Capital Markets ETF (NYSE:KCE) is seeing unusually high volume in afternoon trading Thursday, with over 229,000 shares traded versus three month average volume of about 33,000. Shares of KCE were up about 0.6% on the day.
Components of that ETF with the highest volume on Thursday were Morgan Stanley (MS), trading down about 0.7% with over 1.8 million shares changing hands so far this session, and Charles Schwab (SCHW), down about 0.5% on volume of over 1.6 million shares. Northstar Asset Management Group (NSAM) is the component faring the best Thursday, up by about 4.7% on the day, while Wisdomtree Investments (WETF) is lagging other components of the SPDR S&P Capital Markets ETF, trading lower by about 1.8%.
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