The PowerShares S&P 500 High Beta Portfolio ETF (NYSE:SPHB) is seeing unusually high volume in afternoon trading Monday, with over 1.3 million shares traded versus three month average volume of about 102,000. Shares of SPHB were up about 0.3% on the day.
Components of that ETF with the highest volume on Monday were Micron Tech (NASDAQ:MU), trading up about 1.4% with over 33.4 million shares changing hands so far this session, and Bank of America (NYSE:BAC), up about 1.1% on volume of over 31.6 million shares. Citrix Systems (NASDAQ:CTXS) is the component faring the best Monday, higher by about 4.3% on the day, while Western Digital (NASDAQ:WDC) is lagging other components of the PowerShares S&P 500 High Beta Portfolio ETF, trading lower by about 3.7%.
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