The PowerShares Dynamic Food & Beverage Portfolio ETF (AMEX:PBJ) is seeing unusually high volume in afternoon trading Thursday, with over 151,000 shares traded versus three month average volume of about 32,000. Shares of PBJ were up about 1.1% on the day.
Components of that ETF with the highest volume on Thursday were Mondelez International (NASDAQ:MDLZ), trading up about 4.5% with over 14.4 million shares changing hands so far this session, and The Kraft Heinz (NASDAQ:KHC), up about 1.4% on volume of over 2.5 million shares. Molson Coors Brewing (NYSE:TAP) is lagging other components of the PowerShares Dynamic Food & Beverage Portfolio ETF Thursday, trading lower by about 1%.
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