The iShares Edge MSCI Multifactor USA Small-Cap ETF (NYSE:SMLF) is seeing unusually high volume in afternoon trading Thursday, with over 207,000 shares traded versus three month average volume of about 33,000. Shares of SMLF were up about 1.1% on the day.
Components of that ETF with the highest volume on Thursday were Party City Holdco (PRTY), trading up about 12% with over 5.4 million shares changing hands so far this session, and Macy's (NYSE:M), up about 0.8% on volume of over 5.1 million shares. The Michael's Companies (MIK) is lagging other components of the iShares Edge MSCI Multifactor USA Small-Cap ETF Thursday, trading lower by about 4.4%.
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